Why should you keep an eye on Hesai Group ADR (HSAI)?

Hesai Group ADR (NASDAQ: HSAI) is -47.36% lower on its value in year-to-date trading and has touched a low of $3.28 and a high of $11.55 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HSAI stock was last observed hovering at around $4.74 in the last trading session, with the day’s loss setting it -0.05%.

Currently trading at $4.69, the stock is 17.01% and 14.20% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.34 million and changing -1.05% at the moment leaves the stock -7.05% off its SMA200. HSAI registered -54.47% loss for a year compared to 6-month loss of -10.33%. The firm has a 50-day simple moving average (SMA 50) of $4.1094 and a 200-day simple moving average (SMA200) of $5.020325.

The stock witnessed a 18.43% gain in the last 1 month and extending the period to 3 months gives it a 8.06%, and is 15.52% up 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 6.18% over the week and 5.03% over the month.

Hesai Group ADR (HSAI) has around 1122 employees, a market worth around $456.99M and $252.43M in sales. Fwd P/E is 56.76. Profit margin for the company is -25.31%. Distance from 52-week low is 42.99% and -59.39% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.29%).

with sales reaching $69.82M over the same period.The EPS is expected to grow by 42.69% this year, but quarterly earnings will post 19.10% year-over-year. Quarterly sales are estimated to grow 12.70% in year-over-year returns.