Check out this: EHang Holdings Ltd ADR (EH) could be on the verge of a big rally

EHang Holdings Ltd ADR (NASDAQ: EH) is -1.49% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EH stock was last observed hovering at around $16.58 in the last trading session, with the day’s loss setting it -0.03%.

Currently trading at $16.55, the stock is -3.13% and 6.79% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.48 million and changing -0.18% at the moment leaves the stock 11.24% off its SMA200. EH registered 15.65% gain for a year compared to 6-month loss of -13.58%. The firm has a 50-day simple moving average (SMA 50) of $15.4973 and a 200-day simple moving average (SMA200) of $14.87735.

The stock witnessed a 6.50% gain in the last 1 month and extending the period to 3 months gives it a 38.20%, and is 0.24% 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 6.56% over the week and 7.28% over the month.

EHang Holdings Ltd ADR (EH) has around 367 employees, a market worth around $728.03M and $34.45M in sales. Profit margin for the company is -110.11%. Distance from 52-week low is 74.03% and -27.98% 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 -17.98% this year.

EHang Holdings Ltd ADR (EH) Top Institutional Holders

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.