After A Decline Of -80.79% From The High, Can EHang Holdings Ltd ADR (NASDAQ: EH) Recover Quickly?

EHang Holdings Ltd ADR (NASDAQ:EH)’s traded shares stood at 2.41 million during the latest session, with the company’s beta value hitting 1.01. At the last check today, the stock’s price was $14.26, to imply an increase of 14.35% or $1.79 in intraday trading. The EH share’s 52-week high remains $25.78, putting it -80.79% down since that peak but still an impressive 33.31% since price per share fell to its 52-week low of $9.51. The company has a valuation of $627.30M, with an average of 0.66 million shares in intraday trading volume over the past 10 days and average of 818.74K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for EHang Holdings Ltd ADR (EH), translating to a mean rating of 1.40. Of 3 analyst(s) looking at the stock, 0 analyst(s) give EH a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.12.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

EHang Holdings Ltd ADR (NASDAQ:EH) trade information

After registering a 14.35% upside in the latest session, EHang Holdings Ltd ADR (EH) has traded red over the past five days. The 5-day price performance for the stock is 17.37%, and 19.13% over 30 days. With these gigs, the year-to-date price performance is -15.12%. Short interest in EHang Holdings Ltd ADR (NASDAQ:EH) saw shorts transact 6.76 million shares and set a 7.71 days time to cover.

The extremes give us $16 and $27.5 for target low and target high price respectively. As such, EH has been trading -92.85% off suggested target high and -12.2% from its likely low.

EHang Holdings Ltd ADR (EH) estimates and forecasts

Looking at statistics comparing EHang Holdings Ltd ADR share performance against respective industry, we note that the company has outperformed competitors. EHang Holdings Ltd ADR (EH) shares are 37.25% up over the last 6 months, with its year-to-date growth rate higher than industry average at 100.00% against 19.30%. Revenue is forecast to shrink -50.00% this quarter before falling -33.30% for the next one. The rating firms project that company’s revenue will grow 244.40% compared to the previous financial year.

Revenue forecast for the current quarter as set by 2 analysts is 12.68M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 15.73M.Earnings reports from the last fiscal year show that sales brought in 1.38M and 3.92M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 818.80% before jumping 301.10% in the following quarter.

EH Dividends

EHang Holdings Ltd ADR has its next earnings report out in September. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

EHang Holdings Ltd ADR (NASDAQ:EH)’s Major holders

The next major institution holding the largest number of shares is CARMIGNAC GESTION with 1.89 million shares, or about 2.9779% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $25.62 million.