Why Youdao's Stock Is Trading Higher Today

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.

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