17 Education & Technology Group Inc ADR (YQ) stock hits $2.14: Is it a good time to buy or wait for a dip?

17 Education & Technology Group Inc ADR [YQ] stock is trading at $2.14, up 4.90%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The YQ shares have gain 4.39% over the last week, with a monthly amount glided 2.39%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

17 Education & Technology Group Inc ADR [NASDAQ: YQ] stock has seen the most recent analyst activity on July 26, 2021, when BofA Securities downgraded its rating to a Underperform. Previously, Morgan Stanley downgraded its rating to Underweight on June 16, 2021, and kept the price target unchanged to $3. On May 28, 2021, downgrade downgraded it’s rating to Neutral. Goldman started tracking the stock assigning a Buy rating and suggested a price target of $21 on December 29, 2020.

17 Education & Technology Group Inc ADR [YQ] stock has fluctuated between $1.26 and $3.19 over the past year. 17 Education & Technology Group Inc ADR [NASDAQ: YQ] shares were valued at $2.14 at the most recent close of the market.

Analyzing the YQ fundamentals

17 Education & Technology Group Inc ADR [NASDAQ:YQ] reported sales of 25.71M for the trailing twelve months, which represents a drop of -16.06%. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at -1.13%, Pretax Profit Margin comes in at -1.02%, and Net Profit Margin reading is -1.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.35, Equity is -0.46 and Total Capital is -0.54. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.03.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.99 points at the first support level, and at 1.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.30, and for the 2nd resistance point, it is at 2.46.

Ratios To Look Out For

For context, 17 Education & Technology Group Inc ADR’s Current Ratio is 3.32. Also, the Quick Ratio is 3.32, while the Cash Ratio stands at 1.54. Considering the valuation of this stock, the price to sales ratio is 0.55, the price to book ratio is 0.28.

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