Hesai Group ADR (NASDAQ: HSAI) Rose 69.99% From Its 52-Week Low; YTD Numbers Rose 22.62% – Here Are Some Things To Keep In Mind

During the recent session, Hesai Group ADR (NASDAQ:HSAI)’s traded shares were 0.35 million, with the beta value of the company hitting 2.33. At the last check today, the stock’s price was $10.93, reflecting an intraday loss of -1.13% or -$0.12. The 52-week high for the HSAI share is $11.86, that puts it down -8.51 from that peak though still a striking 69.99% gain since the share price plummeted to a 52-week low of $3.28. The company’s market capitalization is $1.06B, and the average intraday trading volume over the past 10 days was 3.88 million shares, and the average trade volume was 1.80 million 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 1.38. 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 1.39.

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Hesai Group ADR (NASDAQ:HSAI) trade information

Hesai Group ADR (HSAI) registered a -1.13% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -1.13% in intraday trading to $10.93, hitting a weekly high. The stock’s 5-day price performance is 4.75%, and it has moved by 153.48% in 30 days. Based on these gigs, the overall price performance for the year is 13.33%. The short interest in Hesai Group ADR (NASDAQ:HSAI) is 3.1 million shares and it means that shorts have 4.41 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 127.13% during the last six months, with a year-to-date growth rate less than the industry average at -60.71% against 7.80. In the rating firms’ projections, revenue will increase 15.03% 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 736.95M as predicted by 3 analyst(s).

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 78.33% in 2024, the next five years will return 5.29% per annum.

HSAI Dividends

Hesai Group ADR is due to release its next quarterly earnings in January. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Hesai Group ADR (NASDAQ:HSAI)’s Major holders

Also, the Mutual Funds coming in first place with the largest holdings of Hesai Group ADR (HSAI) shares are Global X Fds-Global X Robotics & Artificial Intelligence Thematic ETF and Northern Lights Fd Tr IV-Main Thematic Innovation ETF. Data provided on Oct 31, 2024 indicates that Global X Fds-Global X Robotics & Artificial Intelligence Thematic ETF owns about 1.09 shares. This amounts to just over 1.12 percent of the company’s overall shares, with a $11.8 million market value. The same data shows that the other fund manager holds slightly less at 197.87, or about 0.20% of the stock, which is worth about $2.14 million.