Pony AI Inc. ADR (NASDAQ:PONY) Shares Plunges -0.23% In A Week – But Can It Keep Rising?

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In last trading session, Pony AI Inc. ADR (NASDAQ:PONY) saw 0.58 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $13.16 trading at -$0.27 or -2.01% at ring of the bell on the day assigns it a market valuation of $3.53B. That closing price of PONY’s stock is at a discount of -24.01% from its 52-week high price of $16.32 and is indicating a premium of 9.57% from its 52-week low price of $11.90. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.54 million shares which gives us an average trading volume of 1.08 million if we extend that period to 3-months.

Pony AI Inc. ADR (NASDAQ:PONY) trade information

Upright in the red during last session for losing -2.01%, in the last five days PONY remained trading in the red while hitting it’s week-highest on Tuesday, 01/28/25 when the stock touched $13.16 price level, adding 2.66% to its value on the day. Pony AI Inc. ADR’s shares saw a change of -8.29% in year-to-date performance and have moved -0.23% in past 5-day. Pony AI Inc. ADR (NASDAQ:PONY) showed a performance of -13.70% in past 30-days. Number of shares sold short was 0.87 million shares which calculate 0.9 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 20 to the stock, which implies a rise of 34.2% to its current value. Analysts have been projecting 20 as a low price target for the stock while placing it at a high target of 20. It follows that stock’s current price would drop -51.98% in reaching the projected high whereas dropping to the targeted low would mean a loss of -51.98% for stock’s current value.

On the other hand, AB Growth Fund and BlackRock ETF Tr-iShares A.I. Innovation and Tech Active ETF are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 250.0 shares of worth $3.29 million or 0.09% of the total outstanding shares. The later fund manager was in possession of 28.52 shares on Nov 30, 2024 , making its stake of worth around $0.38 million in the company or a holder of 0.01% of company’s stock.