EHang Holdings Ltd ADR (NASDAQ: EH) is -17.05% 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 $14.61 in the last trading session, with the day’s loss setting it -0.67%.
Currently trading at $13.94, the stock is -6.87% and -13.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.3 million and changing -4.62% at the moment leaves the stock -9.37% off its SMA200. EH registered -19.45% loss for a year compared to 6-month gain of -0.82%. The firm has a 50-day simple moving average (SMA 50) of $16.1803 and a 200-day simple moving average (SMA200) of $15.359575.
The stock witnessed a -9.45% loss in the last 1 month and extending the period to 3 months gives it a 12.56%, and is -9.04% 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 5.04% over the week and 5.78% over the month.
EHang Holdings Ltd ADR (EH) has around 367 employees, a market worth around $613.70M and $48.38M in sales. Fwd P/E is 319.39. Profit margin for the company is -73.15%. Distance from 52-week low is 46.53% and -39.36% 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 -7.63% this year, but quarterly earnings will post 265.16% year-over-year. Quarterly sales are estimated to grow 153.19% in year-over-year returns.
The shares outstanding are 44.04M, and float is at 43.36M with Short Float at 13.44%.
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.
