Currently, there are 257.13M common shares owned by the public and among those 245.71M shares have been available to trade.
The company’s stock has a 5-day price change of -21.21% and -53.66% over the past three months. It has a 12-month low price of $6.90 and touched a high of $44.00 over the same period. WRD has an average intraday trading volume of 2.57 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -32.32%, -58.07%, and -57.61% respectively.
Institutional ownership of WeRide Inc. ADR (NASDAQ: WRD) shares accounts for 0.52% of the company’s 257.13M shares outstanding.
It has a market capitalization of $1.71B. The earnings-per-share (ttm) stands at -$1.28. Price movements for the stock have been influenced by the stock’s volatility, which stands at 13.91% over the week and 12.90% over the month.
Analysts forecast that WeRide Inc. ADR (WRD) will achieve an EPS of 0 for the current quarter, 0 for the next quarter and -1.51 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0 while analysts give the company a high EPS estimate of 0. Earnings per share for the fiscal year are expected to increase by 67.07%, and 42.51% over the next financial year.
Looking at the support for the WRD, a number of firms have released research notes about the stock. JP Morgan stated their Overweight rating for the stock in a research note on January 24, 2025, with the firm’s price target at $21. Morgan Stanley coverage for the WeRide Inc. ADR (WRD) stock in a research note released on November 19, 2024 offered a Overweight rating with a price target of $23.
