In today’s recent session, 4.5 million shares of the EHang Holdings Ltd ADR (NASDAQ:EH) have been traded, and its beta is 0.96. Most recently the company’s share price was $25.15, and it changed around $4.44 or 21.44% from the last close, which brings the market valuation of the company to $1.11B. EH at last check was trading at a discount to its 52-week high of $22.98, offering almost 8.63% off that amount. The share price’s 52-week low was $9.73, which indicates that the recent value has risen by an impressive 61.31% since then. We note from EHang Holdings Ltd ADR’s average daily trading volume that its 10-day average is 2.35 million shares, with the 3-month average coming to 1.86 million.
EHang Holdings Ltd ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.18. If we narrow it down even further, the data shows that 0 out of 9 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 1 recommended EH as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight. EHang Holdings Ltd ADR is expected to report earnings per share of -0.2 for the current quarter.
EHang Holdings Ltd ADR (NASDAQ:EH) trade information
Instantly EH has been showing a green trend so far today with a performance of 21.44% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 24.96 on recent trading daydecreased the stock’s daily price by -0.76%. The company’s shares are currently up 59.73% year-to-date, but still up 48.20% over the last five days. On the other hand, EHang Holdings Ltd ADR (NASDAQ:EH) is 78.37% up in the 30-day period. We can see from the shorts that 5.85 million shares have been sold at a short interest cover period of 2.12 day(s).
The consensus price target as assigned by Wall Street analysts is $21.75, which translates to bulls needing to decrease their stock price by -15.63% from its current value. Analyst projections state that EH is forecast to be at a low of $16 and a high of $27.5.
EHang Holdings Ltd ADR (EH) estimates and forecasts
The year-over-year growth rate is expected to be 269.09%, up from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 190.33M in revenue for the current quarter. 1 analysts expect EHang Holdings Ltd ADR to make 140.1M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 56.6M and 61.73M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 236.26%. Forecasts for the next quarter put sales growth at 126.97%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -24.67%.
EHang Holdings Ltd ADR (NASDAQ:EH)’s Major holders
CARMIGNAC GESTION, with 2.9779% or 1.89 million shares worth $25.62 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
SPDR (R) Ser Tr-SPDR� Kensho New Economies Composite ETF and Vanguard International Stock Index-Total Intl Stock Indx were the top two Mutual Funds as of Nov 30, 2024. The former held 1.17 shares worth $29.06 million, making up 2.65% of all outstanding shares. On the other hand, Vanguard International Stock Index-Total Intl Stock Indx held roughly 583.41 shares worth around $14.51 million, which represents about 1.32% of the total shares outstanding.
