Youdao DAO shares are trading higher after Morgan Stanley upgraded the stock from Equal-Weight to Overweight and announced a price target of $30 per share.
Youdao is currently up 14.5% to a price of $25.7. The stock's volume is currently 742.41 thousand, which is roughly 268.24% of its recent 30-day volume average of 276.77 thousand.
The 50-day moving average price of Youdao's stock was $26.07 when this article was published. The stock reached a high of $47.7 and a low of $19.02 in the past 52 weeks.
If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
