In the last trading session, 1.34 million Hesai Group ADR (NASDAQ:HSAI) shares changed hands as the company’s beta touched 1.40. With the company’s per share price at $4.69 changed hands at -$0.05 or -1.05% during last session, the market valuation stood at $456.99M. HSAI’s last price was a discount, traded about -146.27% off its 52-week high of $11.55. The share price had its 52-week low at $3.28, which suggests the last value was 30.06% up since then. When we look at Hesai Group ADR’s average trading volume, we note the 10-day average is 0.58 million shares, with the 3-month average coming to 456.15K.
Analysts gave the Hesai Group ADR (HSAI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.30. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended HSAI as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. Hesai Group ADR’s EPS for the current quarter is expected to be -0.02.
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
Hesai Group ADR (NASDAQ:HSAI) trade information
Instantly HSAI was in red as seen at the end of in last trading. With action 15.52%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -47.36%, with the 5-day performance at 15.52% in the green. However, in the 30-day time frame, Hesai Group ADR (NASDAQ:HSAI) is 18.43% up. Looking at the short shares, we see there were 3.23 million shares sold at short interest cover period of 6.45 days.
Hesai Group ADR (HSAI) estimates and forecasts
Data shows that the Hesai Group ADR share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -10.33% over the past 6 months, a -25.00% in annual growth rate that is considerably lower than the industry average of 6.30%. Year-over-year growth is forecast to reach 19.10% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 69.82M. 1 analysts are of the opinion that Hesai Group ADR’s revenue for the current quarter will be 121.19M. The company’s revenue for the corresponding quarters a year ago was 61.95M and 78.85M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 12.70%. The estimates for the next quarter sales put growth at 53.70%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -27.73%. The 2024 estimates are for Hesai Group ADR earnings to increase by 42.69%, but the outlook for the next 5-year period is at 37.80% per year.
HSAI Dividends
Hesai Group ADR is expected to release its next quarterly earnings report in November.
