In the last trading session, 4.93 million shares of the Hesai Group ADR (NASDAQ:HSAI) were traded, and its beta was 2.47. Most recently the company’s share price was $10.76, and it changed around $0.33 or 3.16% from the last close, which brings the market valuation of the company to $1.05B. HSAI currently trades at a discount to its 52-week high of $10.79, offering almost -0.28% off that amount. The share price’s 52-week low was $3.28, which indicates that the current value has risen by an impressive 69.52% since then. We note from Hesai Group ADR’s average daily trading volume that its 10-day average is 7.4 million shares, with the 3-month average coming to 1.62 million.
Hesai Group ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.38. If we narrow it down even further, the data shows that 0 out of 8 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended HSAI as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight. Hesai Group ADR is expected to report earnings per share of 1.39 for the current quarter.
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Hesai Group ADR (NASDAQ:HSAI) trade information
Instantly HSAI has showed a green trend with a performance of 3.16% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 11.49 on recent trading dayincreased the stock’s daily price by 6.35%. The company’s shares are currently up 20.76% year-to-date, but still up 40.84% over the last five days. On the other hand, Hesai Group ADR (NASDAQ:HSAI) is 131.40% up in the 30-day period. We can see from the shorts that 3.1 million shares have been sold at a short interest cover period of 4.41 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 116.94 percent over the past six months and at a -60.71% annual growth rate that is well below the industry average of 8.20%. The year-over-year growth rate is expected to be 15.03%, up from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 736.95M in revenue for the current quarter. Analysts predict that the company’s current quarter sales will jump, forecast at 31.32%.
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 78.36% in 2024, but the outlook is positive 5.29% per year for the next five years.
HSAI Dividends
Hesai Group ADR’s next quarterly earnings report is expected to be released in January.
