EHang Holdings Ltd ADR (EH) concluded trading on Thursday at a closing price of $14.52, with 5.25 million shares of worth about $76.29 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 39.75% during that period and on August 22, 2024 the price saw a gain of about 16.44%. Currently the company’s common shares owned by public are about 43.77M shares, out of which, 43.31M shares are available for trading.
Stock saw a price change of 19.51% in past 5 days and over the past one month there was a price change of 21.30%. Year-to-date (YTD), EH shares are showing a performance of -13.57% which decreased to -25.61% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $9.51 but also hit the highest price of $25.78 during that period. The average intraday trading volume for EHang Holdings Ltd ADR shares is 818.74K. The stock is currently trading 18.33% above its 20-day simple moving average (SMA20), while that difference is up 8.61% for SMA50 and it goes to -2.23% lower than SMA200.
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EHang Holdings Ltd ADR (NASDAQ: EH) currently have 43.77M outstanding shares and institutions hold larger chunk of about 30.75% of that.
The stock has a current market capitalization of $638.73M and its 3Y-monthly beta is at 1.01. It has posted earnings per share of -$0.63 in the same period. It has Quick Ratio of 1.99 while making debt-to-equity ratio of 0.48. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EH, volatility over the week remained 6.79% while standing at 5.75% over the month.
Analysts are in expectations that EHang Holdings Ltd ADR (EH) stock would likely to be making an EPS of -0.12 in the current quarter, while forecast for next quarter EPS is -0.08 and it is 0.13 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.12 which is -0.12 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.08 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 25.14% while it is estimated to increase by 136.00% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on May 06, 2024 offering an Overweight rating for the stock and assigned a target price of $27.50 to it. Coverage by Goldman stated EHang Holdings Ltd ADR (EH) stock as a Buy in their note to investors on October 16, 2023, suggesting a price target of $30.50 for the stock. On October 27, 2022, Goldman Initiated their recommendations, while on October 19, 2021, Morgan Stanley Resumed their ratings for the stock with a price target of $23. Stock get an Equal-weight rating from Morgan Stanley on April 13, 2021.
