EHang Holdings Ltd ADR (NASDAQ: EH) is 3.45% higher on its value in year-to-date trading and has touched a low of $9.51 and a high of $22.98 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 $15.84 in the last trading session, with the day’s gains setting it 1.54%.
Currently trading at $17.38, the stock is 2.05% and 13.48% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.52 million and changing 9.72% at the moment leaves the stock 17.33% off its SMA200. EH registered 30.19% gain for a year compared to 6-month loss of -2.80%. The firm has a 50-day simple moving average (SMA 50) of $15.2087 and a 200-day simple moving average (SMA200) of $14.78005.
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The stock witnessed a 10.21% gain in the last 1 month and extending the period to 3 months gives it a 43.05%, and is -0.17% 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 8.37% over the week and 7.23% over the month.
EHang Holdings Ltd ADR (EH) has around 367 employees, a market worth around $764.55M and $34.45M in sales. Profit margin for the company is -110.11%. Distance from 52-week low is 82.75% and -24.37% from its 52-week high. The company has generated returns on investments over the last 12 months (-35.70%).
The EPS is expected to shrink by -20.60% this year
The shares outstanding are 43.77M, and float is at 43.31M with Short Float at 13.51%.
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.
