GSX Techedu Inc. (GSX): Why insiders taking interest in this stock

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GSX Techedu Inc. (NYSE:GSX) changes shares on Friday trading session, with a change of 3.14% or $1.76 shares. The trading starts at $57.00 and closed at $56.05 throughout the day. The trading session low price was $56.89 and day high was $59.50 on Friday, June 19. After the session, the Consumer Defensive sector daily volume shifted to 4.74 million while its average volume is 6.25M. In other hand, the GSX market cap reached to $12.67B.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 34.32% and up 89.05% for month. Its quarterly performance was 44.78% above, while its half year performance is up 179.41%. GSX yearly performance stood at positive 516.97% and rise 164.46% for year-to-date. Current recommendation for GSX Techedu Inc. is 2.40.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. GSX EPS (TTM) for 12-month is 0.19. EPS for this year is 135.30%, while for the next year its value is 5.36. Its EPS Q/Q reached 538.60%.

Let’s take a look on the analyst recommendations on GSX for the current month and previous month. For the current month, 8 of 12 analysts recommend stock as Buy while 1 as Sell, 0 as overweight, 0 as underweight and 3 as Hold. As compared with the previous month ratings, 12 analysts participate in stock recommendation. Out of 12, 2 rated it sell, 7 rated it as Buy and 3 as Hold Ratings.

The company posted an EPS (TTM) of 0.19. According to the most recent quarter report on (Jun 2020), 3 analysts estimated an average EPS of 0.05, while 0.01 EPS posted a year ago period. Analyst Estimated EPS for GSX published in the report was 0.03-0.08 during the same period. Comparing with last year, the average estimated EPS was 0.01 which is lower than 0.11 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for GSX rise 103.86% for period of 200 days. SMA for 50 days was 55.99% which is showing green signal, while SMA-20 was 46.18%. The moving average value for GSX Techedu Inc. (GSX) is 34.70 and 39.11 for 200 and 50 days respectively.