Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  GSX Techedu Inc.    GSX

GSX TECHEDU INC.

(GSX)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

One-Week Deadline Alert: Barbuto & Johansson, P.A. Reminds Investors of the Upcoming Lead Plaintiff Deadline in the GSX Techedu, Inc. Securities Class Action

share with twitter share with LinkedIn share with facebook
06/09/2020 | 08:38am EDT

WELLINGTON, Fla., June 09, 2020 (GLOBE NEWSWIRE) -- Barbuto & Johansson, P.A. (“BARJO”) and Of Counsel, Neil Rothstein, Esq. (with over 30 years of Securities Class Action experience, including cases against ENRON and HALLIBURTON) reminds investors that they have until June 16, 2020 to contact the Firm to learn more about the class action filed against GSX TECHEDU, INC. (NYSE: GSX), and appointment of Lead Plaintiff.

The Class Action, ZEQIU WU v. GSX TECHEDU INC., et al., Case No.: 2:20-cv-04457, was filed in the US District Court for the District of New Jersey on behalf of shareholders alleging violations of federal securities laws.  The complaint alleges, in part, that GSX overstated its profitability, revenue, student enrollment figures, teacher qualifications, and teacher selection process.  Then on April 14, 2020, Citron Research published a report highlighting additional allegations, including that GSX’s “2019 revenue was overstated by 70%” and stating that GSX is the “most blatant Chinese stock fraud since 2011.”  Most recently, on May 18, 2020, Muddy Waters Researchpublished a report stating that GSX a “massive loss-making business” and “is a near-total fraud.”

If you purchased shares of GSX anytime after June 6, 2019 and would like to discuss your options, including petitioning the court for a leadership position, you may, without obligation or cost, contact Anthony Barbuto, at (888) 715-2520 or via email at anthony@barjolaw.com; or Neil Rothstein via email at neil@barjolaw.com.   Shareholders can also fill out the Class Action Inquiry on the Firm’s website here: https://barjolaw.com/case/gsx.

BARJO follows the principles set forth in the case Berger v. Compaq, 257 F.3d 475 (5th Cir, 2001) which states “[c]lass action lawsuits are intended to serve as a vehicle for capable, committed advocates to pursue the goals of the class members through counsel, not for capable, committed counsel to pursue their own goals through the class members.” BARJO believes strongly that the choice of qualified Lead Plaintiff(s) can have a significant impact on the successful outcome of a case.

Barbuto & Johansson, P.A.
Anthony Barbuto, Esq.
1-888-715-2520
12773 Forest Hill Blvd., 101
Wellington, FL 33414
http://www.barjolaw.com


Source: Barbuto & Johansson

2020 GlobeNewswire, Inc., source Press Releases


share with twitter share with LinkedIn share with facebook
All news about GSX TECHEDU INC.
10/26GSX TECHEDU : to Report Third Quarter 2020 Financial Results on November 20, 202..
PR
10/21Tech Down As Investors Sell Out Of Slack, "Stay-At-Home" Plays -- Tech Roundu..
DJ
10/12One of the Year's Worst Short Bets Defies Scathing Reports and an SEC Investi..
DJ
09/29GSX TECHEDU : Second Quarter 2020 Financial† Results
PU
09/25BIG FUNDS CIRCLE EDTECH AS POST-PAND : Mike Dolan
RE
09/02NEWS HIGHLIGHTS : Top Company News of the Day
DJ
09/02NEWS HIGHLIGHTS : Top Company News of the Day
DJ
09/02GSX TECHEDU : Announces Second Quarter 2020 Unaudited Financial Results
PR
09/01China online education firm Yuanfudao to raise $1.2 billion to nearly double ..
RE
08/28GSX TECHEDU INC. : half-yearly earnings release
More news
Financials
Sales 2020 7 134 M 1 066 M 1 066 M
Net income 2020 -550 M -82,2 M -82,2 M
Net cash 2020 1 211 M 181 M 181 M
P/E ratio 2020 -215x
Yield 2020 -
Capitalization 110 B 16 421 M 16 420 M
EV / Sales 2020 15,2x
EV / Sales 2021 8,57x
Nbr of Employees 6 435
Free-Float 53,3%
Chart GSX TECHEDU INC.
Duration : Period :
GSX Techedu Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GSX TECHEDU INC.
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 11
Average target price 497,79 CNY
Last Close Price 444,48 CNY
Spread / Highest target 80,3%
Spread / Average Target 12,0%
Spread / Lowest Target -43,1%
EPS Revisions
Managers
NameTitle
Xiang Dong Chen Chairman & Chief Executive Officer
Nan Shen Chief Financial Officer
Fan Xin Independent Director
Yiming Hu Independent Director
Ming Liao Independent Director
Sector and Competitors