In the last trading session, 1.23 million Naas Technology Inc ADR (NASDAQ:NAAS) shares changed hands as the company’s beta touched 1.36. With the company’s per share price at $2.85 changed hands at $0.04 or 1.42% during last session, the market valuation stood at $166.55M. NAAS’s last price was a discount, traded about -348.42% off its 52-week high of $12.78. The share price had its 52-week low at $1.83, which suggests the last value was 35.79% up since then. When we look at Naas Technology Inc ADR’s average trading volume, we note the 10-day average is 1.72 million shares, with the 3-month average coming to 1.01 million.
Analysts gave the Naas Technology Inc ADR (NAAS) stock a consensus recommendation rating of a Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended NAAS as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Naas Technology Inc ADR’s EPS for the current quarter is expected to be $0.
Naas Technology Inc ADR (NASDAQ:NAAS) trade information
Instantly NAAS was in green as seen at the end of in last trading. With action 33.18%, the performance over the past five days has been green. The jump to weekly highs of 3.08 on Friday, 11/17/23 added 1.42% to the stock’s daily price. The company’s shares are showing year-to-date downside of -26.74%, with the 5-day performance at 33.18% in the green. However, in the 30-day time frame, Naas Technology Inc ADR (NASDAQ:NAAS) is -8.36% down. Looking at the short shares, we see there were 1.04 million shares sold at short interest cover period of 1.22 days.
The consensus price target for the stock as assigned by Wall Street analysts is $4.50, meaning bulls need an upside of 36.67% from its current market value. According to analyst projections, NAAS’s forecast low is $4.50 with $4.50 as the target high. To hit the forecast high, the stock’s price needs a -57.89% plunge from its current level, while the stock would need to soar -57.89% for it to hit the projected low.
The company’s revenue for the corresponding quarters a year ago was $55.03 million and $40.34 million respectively.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -40.47%.
Naas Technology Inc ADR is expected to release its next quarterly earnings report in December.