Currently, there are 101.14M common shares owned by the public and among those 75.22M shares have been available to trade.
The company’s stock has a 5-day price change of 39.04% and 20.93% over the past three months. HSAI shares are trading 31.69% year to date (YTD), with the 12-month market performance up to 336.45% higher. It has a 12-month low price of $3.52 and touched a high of $24.18 over the same period. HSAI has an average intraday trading volume of 5.29 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 28.99%, 8.92%, and 83.01% respectively.
Institutional ownership of Hesai Group ADR (NASDAQ: HSAI) shares accounts for 18.41% of the company’s 101.14M shares outstanding.
It has a market capitalization of $1.84B and a beta (3y monthly) value of 1.33. The earnings-per-share (ttm) stands at -$0.11. Price movements for the stock have been influenced by the stock’s volatility, which stands at 11.32% over the week and 12.36% over the month.
Earnings per share for the fiscal year are expected to increase by 388.94%, and 113.57% over the next financial year.
Looking at the support for the HSAI, a number of firms have released research notes about the stock. Daiwa Securities stated their Buy rating for the stock in a research note on March 11, 2025, with the firm’s price target at $35. Goldman coverage for the Hesai Group ADR (HSAI) stock in a research note released on January 14, 2025 offered a Buy rating with a price target of $18.40. Morgan Stanley was of a view on January 13, 2025 that the stock is Equal-Weight, while Citigroup gave the stock Buy rating on September 26, 2023, issuing a price target of $12.90. BofA Securities on their part issued Buy rating on September 22, 2023.
