In today’s recent session, 0.97 million shares of the Hesai Group ADR (NASDAQ:HSAI) have been traded, and its beta is 1.30. Most recently the company’s share price was $15.74, and it changed around -$0.17 or -1.08% from the last close, which brings the market valuation of the company to $1.53B. HSAI at last check was trading at a discount to its 52-week high of $16.43, offering almost -4.38% off that amount. The share price’s 52-week low was $3.28, which indicates that the recent value has risen by an impressive 79.16% since then. We note from Hesai Group ADR’s average daily trading volume that its 10-day average is 2.41 million shares, with the 3-month average coming to 2.85 million.
Hesai Group ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.30. If we narrow it down even further, the data shows that 0 out of 11 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 2 recommended HSAI as a Hold, whereas 8 deemed it a Buy, and 0 rated it as Underweight. Hesai Group ADR is expected to report earnings per share of 1.42 for the current quarter.
Hesai Group ADR (NASDAQ:HSAI) trade information
Instantly HSAI has been showing red trend so far today with a performance of -1.08% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 16.43 on recent trading dayincreased the stock’s daily price by 4.2%. The company’s shares are currently up 13.88% year-to-date, but still up 4.92% over the last five days. On the other hand, Hesai Group ADR (NASDAQ:HSAI) is 43.07% 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 compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 238.45 percent over the past six months and at a 39.29% annual growth rate that is well above the industry average of 9.00%. The year-over-year growth rate is expected to be 12.13%, up from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 723.6M in revenue for the current quarter. Analysts predict that the company’s current quarter sales will jump, forecast at 28.94%. 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 (NASDAQ:HSAI)’s Major holders
Global X Fds-Global X Robotics & Artificial Intelligence Thematic ETF and Northern Lights Fd Tr IV-Main Thematic Innovation ETF were the top two Mutual Funds as of Nov 30, 2024. The former held 1.09 shares worth $16.96 million, making up 1.11% of all outstanding shares. On the other hand, Northern Lights Fd Tr IV-Main Thematic Innovation ETF held roughly 197.61 shares worth around $3.08 million, which represents about 0.20% of the total shares outstanding.
