Hesai Group ADR (HSAI) concluded trading on Tuesday at a closing price of $13.82, with 3.74 million shares of worth about $51.69 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 217.70% during that period and on December 31, 2024 the price saw a loss of about -5.99%. Currently the company’s common shares owned by public are about 97.44M shares, out of which, 80.47M shares are available for trading.
Stock saw a price change of 5.26% in past 5 days and over the past one month there was a price change of 68.95%. Year-to-date (YTD), HSAI shares are showing a performance of 55.11% which increased to 55.11% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.28 but also hit the highest price of $15.49 during that period. The average intraday trading volume for Hesai Group ADR shares is 2.40 million. The stock is currently trading 17.90% above its 20-day simple moving average (SMA20), while that difference is up 81.02% for SMA50 and it goes to 159.96% higher than SMA200.
Hesai Group ADR (NASDAQ: HSAI) currently have 97.44M outstanding shares and institutions hold larger chunk of about 14.95% of that.
The stock has a current market capitalization of $1.35B and its 3Y-monthly beta is at 1.22. It has posted earnings per share of -$0.42 in the same period. It has Quick Ratio of 2.65 while making debt-to-equity ratio of 0.17. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HSAI, volatility over the week remained 10.48% while standing at 14.01% over the month.
Stock’s fiscal year EPS is expected to rise by 76.67% while it is estimated to increase by 293.53% in next year. EPS is likely to grow at an annualized rate of 5.29% for next 5-years, compared to annual growth of -27.73% made by the stock over the past 5-years.
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 Citigroup on September 26, 2023 offering a Buy rating for the stock and assigned a target price of $12.90 to it. Coverage by BofA Securities stated Hesai Group ADR (HSAI) stock as a Buy in their note to investors on September 22, 2023, suggesting a price target of $14.80 for the stock. On August 18, 2023, Goldman Downgrade their recommendations, while on March 13, 2023, Goldman Initiated their ratings for the stock with a price target of $31. Stock get an Outperform rating from Credit Suisse on March 07, 2023.
