In today’s recent session, 1.43 million shares of the Hesai Group ADR (NASDAQ:HSAI) have been traded, and its beta is 1.24. Most recently the company’s share price was $5.22, and it changed around -$0.15 or -2.79% from the last close, which brings the market valuation of the company to $508.64M. HSAI at last check was trading at a discount to its 52-week high of $11.55, offering almost -121.26% off that amount. The share price’s 52-week low was $3.28, which indicates that the recent value has risen by an impressive 37.16% since then. We note from Hesai Group ADR’s average daily trading volume that its 10-day average is 0.94 million shares, with the 3-month average coming to 528.46K.
Hesai Group ADR stock received a consensus recommendation rating of Overweight, based on a mean score of 1.30. If we narrow it down even further, the data shows that 0 out of 8 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 1 recommended HSAI as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight.
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 has been showing red trend so far today with a performance of -2.79% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 5.71 on recent trading dayincreased the stock’s daily price by 8.58%. The company’s shares are currently down -41.41% year-to-date, but still up 11.30% over the last five days. On the other hand, Hesai Group ADR (NASDAQ:HSAI) is 41.46% up in the 30-day period. We can see from the shorts that 3.23 million shares have been sold at a short interest cover period of 6.45 day(s).
Hesai Group ADR (HSAI) estimates and forecasts
Hesai Group ADR share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 5.45 percent over the past six months and at a -25.00% annual growth rate that is well below the industry average of 7.00%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -27.73%. Hesai Group ADR earnings are expected to increase by 41.99% in 2024, but the outlook is positive 5.36% per year for the next five years.
