EHang Holdings Limited (NASDAQ: EH) is 4.31% higher on its value in year-to-date trading and has touched a low of $3.32 and a high of $17.84 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EH stock was last observed hovering at around $9.37 in the last trading session, with the day’s loss setting it -0.42% off its average median price target of $28.15 for the next 12 months. It is also 68.21% off the consensus price target high of $28.15 offered by 1 analysts, but current levels are 68.21% higher than the price target low of $28.15 for the same period.
Currently trading at $8.95, the stock is -19.43% and -25.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.83 million and changing -4.48% at the moment leaves the stock 12.30% off its SMA200. EH registered 8.75% gain for a year compared to 6-month gain of 45.06%.
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The stock witnessed a -23.37% loss in the last 1 month and extending the period to 3 months gives it a -11.65%, and is -19.80% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.14% over the week and 8.26% over the month.
EHang Holdings Limited (EH) has around 326 employees, a market worth around $525.36M and $5.40M in sales. Distance from 52-week low is 169.51% and -49.83% from its 52-week high. The company has generated returns on investments over the last 12 months (-88.40%).
EHang Holdings Limited (EH) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for EHang Holdings Limited (EH) is a “Hold”. 1 analysts offering their recommendations for the stock have an average rating of 3.00, where 1 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
EHang Holdings Limited is expected to release its quarterly report on 06/01/2023.The EPS is expected to shrink by -247.50% this year
EHang Holdings Limited (EH) Top Institutional Holders
The shares outstanding are 57.37M, and float is at 36.94M with Short Float at 23.66%.
EHang Holdings Limited (EH): Who are the competitors?
The company’s main competitors (and peers) include The Boeing Company (BA) that is trading 12.93% up over the past 12 months and AAR Corp. (AIR) that is 14.46% higher over the same period. Trimble Inc. (TRMB) is -23.81% down on the 1-year trading charts.
