Hesai Group ADR (NASDAQ:HSAI) has a beta value of 1.46 and has seen 12.54 million shares traded in the recent trading session. The company, currently valued at $749.32M, closed the recent trade at $7.69 per share which meant it gained $2.94 on the day or 61.90% during that session. The HSAI stock price is -45.64% off its 52-week high price of $11.20 and 57.35% above the 52-week low of $3.28. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.56 million shares traded. The 3-month trading volume is 523.61K shares.
The consensus among analysts is that Hesai Group ADR (HSAI) is Buy stock at the moment, with a recommendation rating of 1.30. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 6 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.96.
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Hesai Group ADR (NASDAQ:HSAI) trade information
Sporting 61.90% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the HSAI stock price touched $7.69 or saw a fall of -13.59%. Year-to-date, Hesai Group ADR shares have moved -13.69%, while the 5-day performance has seen it change 78.42%. Over the past 30 days, the shares of Hesai Group ADR (NASDAQ:HSAI) have changed 60.88%. Short interest in the company has seen 3.1 million shares shorted with days to cover at 4.41.
Hesai Group ADR (HSAI) estimates and forecasts
Figures show that Hesai Group ADR shares have underperformed across the wider relevant industry. The company’s shares have gained 59.88% over the past 6 months, with this year growth rate of -25.00%, compared to 9.20% for the industry. Revenue growth from the last financial year stood is estimated to be 19.72%.
1 analysts offering their estimates for the company have set an average revenue estimate of 849.81M for the current quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -27.73% over the past 5 years. Earnings growth for 2024 is a modest 41.82% while over the next 5 years, the company’s earnings are expected to increase by 5.29%.
HSAI Dividends
Hesai Group ADR is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Hesai Group ADR (NASDAQ:HSAI)’s Major holders
Also the top two Mutual Funds that are holding company’s shares are Global X Fds-Global X Robotics & Artificial Intelligence Thematic ETF and Northern Lights Fd Tr IV-Main Thematic Innovation ETF. As of Sep 30, 2024, the former fund manager holds about 1.15% shares in the company for having 1.12 shares of worth $8.97 million while later fund manager owns 197.87 shares of worth $1.59 million as of Jul 31, 2024, which makes it owner of about 0.20% of company’s outstanding stock.