During the last session, Hesai Group ADR (NASDAQ:HSAI)’s traded shares were 0.56 million, with the beta value of the company hitting 1.29. At the end of the trading day, the stock’s price was $5.03, reflecting an intraday loss of -6.25% or -$0.33. The 52-week high for the HSAI share is $11.55, that puts it down -129.62 from that peak though still a striking 34.79% gain since the share price plummeted to a 52-week low of $3.28. The company’s market capitalization is $489.64M, and the average intraday trading volume over the past 10 days was 1.16 million shares, and the average trade volume was 573.85K shares over the past three months.
Hesai Group ADR (HSAI) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.30. HSAI has a Sell rating from 0 analyst(s) out of 6 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are 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
Hesai Group ADR (HSAI) registered a -6.25% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -6.25% in intraday trading to $5.03, hitting a weekly high. The stock’s 5-day price performance is -6.42%, and it has moved by 31.54% in 30 days. Based on these gigs, the overall price performance for the year is -49.75%. The short interest in Hesai Group ADR (NASDAQ:HSAI) is 3.08 million shares and it means that shorts have 7.96 day(s) to cover.
Hesai Group ADR (HSAI) estimates and forecasts
Statistics show that Hesai Group ADR has underperformed its competitors in share price, compared to the industry in which it operates. Hesai Group ADR (HSAI) shares have gone up 11.17% during the last six months, with a year-to-date growth rate less than the industry average at -25.00% against 7.10. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 81.80% this quarter and then jump 227.30% in the quarter after that. In the rating firms’ projections, revenue will increase 17.90% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 69.13M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 119.99M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 61.95M and 78.85M respectively. In this case, analysts expect current quarter sales to grow by 11.60% and then jump by 52.20% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -27.73%. While earnings are projected to return 41.48% in 2024, the next five years will return 5.36% per annum.
HSAI Dividends
Hesai Group ADR is due to release its next quarterly earnings on 2024-Nov-12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
