Why should you keep an eye on EHang Holdings Ltd ADR (EH)?

EHang Holdings Ltd ADR (NASDAQ: EH) is -16.31% 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 $13.29 in the last trading session, with the day’s gains setting it 0.77%.

Currently trading at $14.06, the stock is -14.96% and -10.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.44 million and changing 5.79% at the moment leaves the stock -6.20% off its SMA200. EH registered -11.01% loss for a year compared to 6-month gain of -12.26%. The firm has a 50-day simple moving average (SMA 50) of $15.7761 and a 200-day simple moving average (SMA200) of $14.988825.

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The stock witnessed a -13.95% loss in the last 1 month and extending the period to 3 months gives it a -7.62%, and is -15.05% 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 10.15% over the week and 7.48% over the month.

EHang Holdings Ltd ADR (EH) has around 367 employees, a market worth around $619.20M and $48.38M in sales. Profit margin for the company is -73.15%. Distance from 52-week low is 47.84% and -38.82% from its 52-week high. The company has generated returns on investments over the last 12 months (-28.30%).

with sales reaching $143.31M over the same period.The EPS is expected to shrink by -21.26% this year, but quarterly earnings will post 266.66% year-over-year. Quarterly sales are estimated to grow 153.19% in year-over-year returns.

EHang Holdings Ltd ADR (EH) Top Institutional Holders

The shares outstanding are 43.77M, and float is at 43.36M with Short Float at 13.50%.

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.