EHang Holdings Ltd ADR (NASDAQ: EH) is 60.43% 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 $24.18 in the last trading session, with the day’s gains setting it 1.08%.
Currently trading at $25.26, the stock is 7.25% and 27.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.73 million and changing 4.47% at the moment leaves the stock 58.40% off its SMA200. EH registered 71.84% gain for a year compared to 6-month gain of 108.59%. The firm has a 50-day simple moving average (SMA 50) of $19.8496 and a 200-day simple moving average (SMA200) of $15.94745.
The stock witnessed a -2.13% loss in the last 1 month and extending the period to 3 months gives it a 64.88%, and is 18.26% 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 10.17% over the week and 9.61% over the month.
EHang Holdings Ltd ADR (EH) has around 367 employees, a market worth around $1.11B and $63.40M in sales. Fwd P/E is 89.81. Profit margin for the company is -50.33%. Distance from 52-week low is 142.88% and -15.12% from its 52-week high. The company has generated returns on investments over the last 12 months (-21.14%).
The EPS is expected to grow by 65.22% this year.
EHang Holdings Ltd ADR (EH) Top Institutional Holders
99.0 institutions hold shares in EHang Holdings Ltd ADR (EH), with institutional investors hold 34.58% of the company’s shares. The shares outstanding are 44.04M, and float is at 43.36M with Short Float at 11.74%. Institutions hold 34.32% of the Float.
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.
EHang Holdings Ltd ADR (EH) Insider Activity
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