Hesai Group ADR (NASDAQ: HSAI) Has Lost -50.67% YTD: Is There Trouble Ahead?

During the last session, Hesai Group ADR (NASDAQ:HSAI)’s traded shares were 0.54 million, with the beta value of the company hitting 1.78. At the end of the trading day, the stock’s price was $4.39, reflecting an intraday gain of 5.40% or $0.22. The 52-week high for the HSAI share is $13.98, that puts it down -218.45 from that peak though still a striking 25.28% gain since the share price plummeted to a 52-week low of $3.28. The company’s market capitalization is $419.72M, and the average trade volume was 881.03K shares over the past three months.

Hesai Group ADR (NASDAQ:HSAI) trade information

Hesai Group ADR (HSAI) registered a 5.40% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 5.40% in intraday trading to $4.39, hitting a weekly high. The stock’s 5-day price performance is 10.71%, and it has moved by -6.09% in 30 days. Based on these gigs, the overall price performance for the year is -48.60%.

Hesai Group ADR (HSAI) estimates and forecasts

Statistics show that Hesai Group ADR has outperformed its competitors in share price, compared to the industry in which it operates. Hesai Group ADR (HSAI) shares have gone down -55.70% during the last six months, with a year-to-date growth rate more than the industry average at 92.86% against 12.20. In the rating firms’ projections, revenue will increase 57.10% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 46.53M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 89.46M by the end of current fiscal year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -27.73%. While earnings are projected to return 55.42% in 2024.

HSAI Dividends

Hesai Group ADR is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Hesai Group ADR (NASDAQ:HSAI)’s Major holders