the views of the author. GSX Techedu (NYSE:GSX) last released its earnings results on Wednesday, September 2nd. Through its subsidiaries, the Company is engaged in the provision of online K-12 after-school tutoring services. Zurcher Kantonalbank Zurich Cantonalbank grew its position in GSX Techedu Inc. (NYSE:GSX) by 19.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.01). Vanguard Group Inc. now owns 1,631,479 shares of the company’s stock valued at $97,873,000 after purchasing an additional 143,608 shares during the period. Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GSX Techedu Inc. (NYSE:GSX). In my opinion, GSX Techedu stock is getting crushed more by the rumor than the downgrade. Zurcher Kantonalbank Zurich Cantonalbank grew its position in GSX Techedu Inc. (NYSE:GSX) by 19.9% during the third quarter, according to its most recent Form 13F filing with the SEC. Will our children be buying their cars with blockchain? The Company conducts its businesses in Mainland China. investments are right for you, please request advice, for example from our, Register for online GSX has been the topic of a number of recent research reports. The outbreak of the coronavirus boosted the demand for online education in China. The firm had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.59 billion. Newsroom articles are published by leading news here to help. It also offers foreign language, professional and interest courses. Shares of GSX Techedu jumped on Tuesday after the Chinese education company reported its fourth-quarter results. GSX TECHEDU INC. is a China-based holding company principally involved in the provision of technology-driven education services. Don’t let B2B payments limit your business returns – Know how to make things better, Tips to finding a business for sale – Knowing your options, Seattle Ready to Repeal Taxes on Larger Employers, Ten young American entrepreneurs who are shaking up their industries, Teamsters and UPS Might Be On Course for Large Labor Strike, Ways to Show Customers the Usefulness of Your Ecommerce Products, Europe Shoots Back at U.S. Over Steel Tariffs, Oil Workers Strike in Brazil in Another Hit to the Government, Two of the Biggest Brands in the World Are Chinese, US Crude Prices Plummet 4% as Russia and OPEC Consider Easing Caps. The stock currently has a consensus rating of “Hold” and a consensus price target of $66.86. The firm owned 27,636 shares of the company’s stock after purchasing an additional 4,581 shares during the period. See insights on GSX Techedu including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'. Barclays PLC now owns 433,269 shares of the company’s stock valued at $25,992,000 after purchasing an additional 266,269 shares during the period. The stock price of GSX has appreciated by 50% since we last suggested investors to go long on it. GSX Techedu Inc is a technology-driven education company with core expertise in online K-12 courses. The firm owned 27,636 shares of the company’s stock after purchasing an additional 4,581 shares during the period. Hargreaves Lansdown is not responsible for an How is the medical sector tackling infertility? GSX TECHEDU INC. is a China-based holding company principally involved in the provision of technology-driven education services. MarketBeat.com's FREE daily email newsletter. Nomura downgraded GSX Techedu from a “neutral” rating to a “reduce” rating and lowered their target price for the stock from $40.00 to $38.00 in a research note on Thursday, October 22nd. The company's segment includes provision of education services. GSX Techedu had a net margin of 8.05% and a return on equity of 21.91%. GSX TECHEDU INC. is a China-based holding company principally involved in the provision of technology-driven education services. GSX Techedu Inc. has a 1-year low of $14.21 and a 1-year high of $141.78. The company has a market cap of $16.00 billion, a PE ratio of 340.05 and a beta of -0.13. BEIJING, Nov. 20, 2020 /PRNewswire/ -- GSX Techedu Inc. (NYSE: GSX) ("GSX" or the "Company"), a leading online K-12 large-class after-school tutoring service provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2020.. Third Quarter 2020 Highlights [1]. Several other hedge funds have also recently made changes to their positions in the company. Through its subsidiaries, the Company is engaged in the provision of online K-12 after-school tutoring services. GSX TECHEDU INC. is a China-based holding company principally involved in the provision of technology-driven education services. GSX TECHEDU INC. is a China-based holding company principally involved in the provision of technology-driven education services. wellbeing and our community we're Based on the GSX Techedu stock chart, investors should expect a downside to $46.25 in the coming days/weeks. GSX Techedu offers K-12 courses covering all primary and secondary grades as well as foreign language, professional and interest courses. However, I would give Xie's opinion more weight in making an investment decision. Our analysts have selected this fund for the Wealth Shortlist. GSX TECHEDU INC. is a China-based holding company principally involved in the provision of technology-driven education services. During the same quarter last year, the business earned $0.24 EPS. GSX Techedu Inc. ADR company facts, information and financial ratios from MarketWatch. 29.10% of the stock is currently owned by institutional investors and hedge funds. The stock’s 50 day simple moving average is $84.43 and its 200-day simple moving average is $73.34. agencies. Want to see what other hedge funds are holding GSX? Barclays PLC increased its holdings in shares of GSX Techedu by 159.4% in the second quarter. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day. GSX Techedu designs courses in ways to inspire students’ genuine interest and in-depth interactions, which in turn foster students’ holistic development and thus better learning results. Find the latest GSX Techedu Inc. (GSX) stock quote, history, news and other vital information to help you with your stock trading and investing. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in GSX Techedu […] GSX TECHEDU INC. is a China-based holding company principally involved in the provision of technology-driven education services. Its K-12 after-school tutoring courses cover various K-12 academic subjects, including mathematics, English, Chinese, physics, chemistry, biology, history, geography, and political science. GSX Techedu Inc, a technology-driven education company, provides online K-12 after-school tutoring services in the People's Republic of China. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $90.00 target price on shares of GSX Techedu in a research note on Monday, July 27th. access. Bank of America Corp DE increased its holdings in shares of GSX Techedu by 35.8% in the second quarter. Our website offers information about investing and saving, but not personal advice. Coronavirus - we're here to help Bank of America Corp DE now owns 10,199,125 shares of the company’s stock valued at $611,845,000 after purchasing an additional 2,689,161 shares during the period. It also offers foreign language, professional and interest courses. Connor Clark & Lunn Investment Management Ltd. Boosts Stake in Uber Technologies, Inc. JPMorgan Chase & Co. Boosts Stock Holdings in Emerson Electric Co. King Luther Capital Management Corp Reduces Holdings in Prologis, Inc. King Luther Capital Management Corp Sells 17,488 Shares of Walgreens Boots Alliance, Inc. Natixis Buys 47,446 Shares of Waste Management, Inc. Vanguard Group Inc. increased its holdings in shares of GSX Techedu by 9.7% in the second quarter. Net revenues was RMB1,965.8 million, a 252.9% year-over-year increase. GSX Techedu Inc. (NYSE: GSX) (“GSX Techedu” or the “Company”) is a technology-driven education company and a leading online K-12 large-class after-school tutoring service provider in China. The business’s revenue was up 366.6% compared to the same quarter last year. It also offers foreign language, professional and interest courses. GSX beat analyst estimates … Through its subsidiaries, the …