EHang Holdings Ltd ADR (NASDAQ: EH) is 37.38% higher on its value in year-to-date trading and has touched a low of $10.40 and a high of $29.76 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 $22.45 in the last trading session, with the day’s loss setting it -0.82%.
Currently trading at $21.63, the stock is -9.18% and 11.64% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.04 million and changing -3.65% at the moment leaves the stock 36.64% off its SMA200. EH registered 89.57% gain for a year compared to 6-month gain of 85.35%.
The stock witnessed a 5.51% loss in the last 1 month and extending the period to 3 months gives it a 43.34%, and is -9.19% 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 9.60% over the week and 10.13% over the month.
EHang Holdings Ltd ADR (EH) has around 367 employees, a market worth around $952.59M and $48.38M in sales. Fwd P/E is 91.06. Profit margin for the company is -73.15%. Distance from 52-week low is 107.98% and -27.32% from its 52-week high. The company has generated returns on investments over the last 12 months (-28.30%).
The EPS is expected to grow by 45.68% this year, but quarterly earnings will post 97.08% year-over-year.
The shares outstanding are 44.04M, and float is at 43.36M with Short Float at 11.74%.
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 3.5684 of the EH Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 1.54 million shares valued at $20.87 million to account for 2.4263 of the shares outstanding. The other top investors are CARMIGNAC GESTION which holds 1.89 million shares representing 1.4342 and valued at over $25.62 million, while WALLEYE TRADING LLC holds 1.1346 of the shares totaling 0.72 million with a market value of $9.76 million.
