Does Hesai Group ADR (NASDAQ:HSAI) Look Expensive At $5.20? Here’s How To Know.

In last trading session, Hesai Group ADR (NASDAQ:HSAI) saw 0.62 million shares changing hands with its beta currently measuring 1.40. Company’s recent per share price level of $5.20 trading at $0.11 or 2.06% at ring of the bell on the day assigns it a market valuation of $503.92M. That closing price of HSAI’s stock is at a discount of -168.85% from its 52-week high price of $13.98 and is indicating a premium of 36.92% from its 52-week low price of $3.28. Taking a look at company’s average trading volume volume of 772.20K if we extend that period to 3-months.

Hesai Group ADR (NASDAQ:HSAI) trade information

Upright in the green during last session for gaining 2.06%, in the last five days HSAI remained trading in the green while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $5.20 price level, adding 0.95% to its value on the day. Hesai Group ADR’s shares saw a change of -41.69% in year-to-date performance and have moved 18.20% in past 5-day. Hesai Group ADR (NASDAQ:HSAI) showed a performance of 3.08% in past 30-days.

Hesai Group ADR (HSAI) estimates and forecasts

Statistics highlight that Hesai Group ADR is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -46.44% of value to its shares in past 6 months, showing an annual growth rate of 92.86% while that of industry is 14.40. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 57.10% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 46.56M for the same. And 1 analysts are in estimates of company making revenue of 89.51M in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -27.73% during past 5 years.

HSAI Dividends

Hesai Group ADR is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.