Hesai Group ADR (NASDAQ:HSAI) Adds 6.47 Percent In A Week: What Motivates The Stock?

In recent trading session, Hesai Group ADR (NASDAQ:HSAI) saw 1.2 million shares changing hands at last check today with its beta currently measuring 1.80. Company’s recent per share price level of $11.77 trading at $0.77 or 6.95% at last check today assigns it a market valuation of $1.15B. That most recent trading price of HSAI’s stock is at a discount of -22.34% from its 52-week high price of $14.40 and is indicating a premium of 72.13% from its 52-week low price of $3.28. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.01 million shares which gives us an average trading volume of 2.07 million if we extend that period to 3-months.

For Hesai Group ADR (HSAI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.38. Splitting up the data highlights that, out of 6 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 1.39 in the current quarter.

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Hesai Group ADR (NASDAQ:HSAI) trade information

Upright in the green today for gaining 6.95%, in the last five days HSAI remained trading in the green while hitting it’s week-highest on Tuesday, 12/17/24 when the stock touched $11.77 price level, adding 18.26% to its value on the day. Hesai Group ADR’s shares saw a change of 32.04% in year-to-date performance and have moved 6.47% in past 5-day. Hesai Group ADR (NASDAQ:HSAI) showed a performance of 172.97% in past 30-days. Number of shares sold short was 3.1 million shares which calculate 4.41 days to cover the short interests.

Hesai Group ADR (HSAI) estimates and forecasts

Statistics highlight that Hesai Group ADR is scoring comparatively lower than the scores of other players of the relevant industry. The company added 178.79% of value to its shares in past 6 months, showing an annual growth rate of -60.71% while that of industry is 7.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 14.88% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 736.95M for the same.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -27.73% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 76.71% while estimates for its earnings growth in next 5 years are of 5.29%.