EHang Holdings Ltd ADR (NASDAQ: EH) is -11.55% 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 $14.99 in the last trading session, with the day’s loss setting it -0.13%.
Currently trading at $14.86, the stock is -4.72% and -8.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.95 million and changing -0.87% at the moment leaves the stock -2.12% off its SMA200. EH registered -13.15% loss for a year compared to 6-month gain of -7.59%. The firm has a 50-day simple moving average (SMA 50) of $16.1907 and a 200-day simple moving average (SMA200) of $15.158875.
The stock witnessed a -19.39% loss in the last 1 month and extending the period to 3 months gives it a 26.25%, and is -0.87% 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 5.46% over the week and 7.31% over the month.
EHang Holdings Ltd ADR (EH) has around 367 employees, a market worth around $654.43M and $48.38M in sales. Fwd P/E is 340.59. Profit margin for the company is -73.15%. Distance from 52-week low is 56.26% and -35.34% from its 52-week high. The company has generated returns on investments over the last 12 months (-28.30%).
The EPS is expected to shrink by -7.24% this year
The shares outstanding are 44.04M, and float is at 43.36M with Short Float at 13.70%.
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.
