Is EHang Holdings Ltd ADR (EH) a good stock to buy now?

EHang Holdings Ltd ADR (NASDAQ: EH) is 4.85% higher on its value in year-to-date trading and has touched a low of $9.51 and a high of $25.78 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 $17.15 in the last trading session, with the day’s gains setting it 0.46%.

Currently trading at $17.61, the stock is 20.37% and 30.37% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing 2.71% at the moment leaves the stock 21.68% off its SMA200. EH registered 8.53% gain for a year compared to 6-month loss of 4.29%. The firm has a 50-day simple moving average (SMA 50) of $13.5117 and a 200-day simple moving average (SMA200) of $14.476475.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a 45.46% gain in the last 1 month and extending the period to 3 months gives it a 14.23%, and is 0.54% 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 12.47% over the week and 7.97% over the month.

EHang Holdings Ltd ADR (EH) has around 367 employees, a market worth around $774.88M and $34.45M in sales. Profit margin for the company is -110.11%. Distance from 52-week low is 85.23% and -31.67% from its 52-week high. The company has generated returns on investments over the last 12 months (-35.70%).

with sales reaching $16.53M over the same period.The EPS is expected to shrink by -19.60% this year, but quarterly earnings will post 275.40% year-over-year. Quarterly sales are estimated to grow 321.50% in year-over-year returns.

EHang Holdings Ltd ADR (EH) Top Institutional Holders

The shares outstanding are 43.77M, and float is at 43.31M with Short Float at 14.84%.

The top institutional shareholder in the company is AXIM PLANNING & WEALTH with over 4.69 million shares valued at $63.74 million. The investor’s holdings represent 7.4091% of the EH Shares outstanding. As of 2024-06-30, the second largest holder is CARMIGNAC GESTION with 1.89 million shares valued at $25.62 million to account for 2.9779 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.54 million shares representing 2.4263% and valued at over $20.87 million, while GROUP ONE TRADING, L.P. holds 2.27 of the shares totaling 1.44 million with a market value of $19.53 million.