Hesai Group ADR (NASDAQ:HSAI)’s traded shares stood at 0.65 million during the latest session, with the company’s beta value hitting 1.24. At the last check today, the stock’s price was $15.32, to imply an increase of 2.89% or $0.43 in intraday trading. The HSAI share’s 52-week high remains $16.35, putting it -6.72% down since that peak but still an impressive 78.59% since price per share fell to its 52-week low of $3.28. The company has a valuation of $1.49B, with an average of 2.7 million shares in intraday trading volume over the past 10 days and average of 2.75 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Hesai Group ADR (HSAI), translating to a mean rating of 1.30. Of 6 analyst(s) looking at the stock, 0 analyst(s) give HSAI a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 4 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 1.42.
Hesai Group ADR (NASDAQ:HSAI) trade information
After registering a 2.89% upside in the latest session, Hesai Group ADR (HSAI) has traded red over the past five days. The 5-day price performance for the stock is 0.66%, and 50.20% over 30 days. With these gigs, the year-to-date price performance is 10.85%. Short interest in Hesai Group ADR (NASDAQ:HSAI) saw shorts transact 3.1 million shares and set a 4.41 days time to cover.
Hesai Group ADR (HSAI) estimates and forecasts
Looking at statistics comparing Hesai Group ADR share performance against respective industry, we note that the company has outperformed competitors. Hesai Group ADR (HSAI) shares are 240.44% up over the last 6 months, with its year-to-date growth rate higher than industry average at 39.29% against 9.00%. The rating firms project that company’s revenue will grow 12.13% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is 723.6M.
HSAI Dividends
Hesai Group ADR has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Hesai Group ADR (NASDAQ:HSAI)’s Major holders
We also have Global X Fds-Global X Robotics & Artificial Intelligence Thematic ETF and Northern Lights Fd Tr IV-Main Thematic Innovation ETF as the top two Mutual Funds with the largest holdings of the Hesai Group ADR (HSAI) shares. Going by data provided on Nov 30, 2024, Global X Fds-Global X Robotics & Artificial Intelligence Thematic ETF holds roughly 1.09 shares. This is just over 1.11% of the total shares, with a market valuation of $16.74 million. Data from the same date shows that the other fund manager holds a little less at 197.61, or 0.20% of the shares, all valued at about 3.05 million.
