EHang Holdings Ltd ADR (NASDAQ: EH) Investors To Make Big Returns Again

In the latest trading session, 1.98 million EHang Holdings Ltd ADR (NASDAQ:EH) shares changed hands as the company’s beta touched 1.09. With the company’s most recent per share price at $19.16 changing hands around $1.78 or 10.24% at last look, the market valuation stands at $838.63M. EH’s current price is a discount, trading about -34.55% off its 52-week high of $25.78. The share price had its 52-week low at $9.50, which suggests the last value was 50.42% up since then. When we look at EHang Holdings Ltd ADR’s average trading volume, we note the 3-month average coming to 1.45 million.

EHang Holdings Ltd ADR (NASDAQ:EH) trade information

Instantly EH is in green as seen in intraday trades today. With action 2.57%, the performance over the past five days has been green. The jump to weekly highs of 19.14 added 10.24% to the stock’s daily price. The company’s shares are showing year-to-date upside of 14.05%, with the 5-day performance at 2.57% in the green. However, in the 30-day time frame, EHang Holdings Ltd ADR (NASDAQ:EH) is -1.03% down.

EHang Holdings Ltd ADR (EH) estimates and forecasts

Year-over-year growth is forecast to reach 221.40% up from the last financial year.

Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 6.85M. 2 analysts are of the opinion that EHang Holdings Ltd ADR’s revenue for the current quarter will be 12.07M. The company’s revenue for the corresponding quarters a year ago was 3.23M and 1.38M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 111.90%. The estimates for the next quarter sales put growth at 774.60%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -24.67%. The 2024 estimates are for EHang Holdings Ltd ADR earnings to increase by 16.67%.