Hesai Group ADR (NASDAQ: HSAI) is 61.36% higher on its value in year-to-date trading and has touched a low of $3.52 and a high of $24.18 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 HSAI stock was last observed hovering at around $19.80 in the last trading session, with the day’s gains setting it 2.5%.
Currently trading at $22.30, the stock is 19.97% and 32.55% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.84 million and changing 12.63% at the moment leaves the stock 168.12% off its SMA200. HSAI registered 379.05% gain for a year compared to 6-month gain of 483.77%. The firm has a 50-day simple moving average (SMA 50) of $16.8242 and a 200-day simple moving average (SMA200) of $8.317025.
The stock witnessed a 23.89% loss in the last 1 month and extending the period to 3 months gives it a 95.61%, and is 39.29% 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 15.99% over the week and 11.28% over the month.
Hesai Group ADR (HSAI) has around 1122 employees, a market worth around $2.17B and $288.69M in sales. Fwd P/E is 36.43. Profit margin for the company is -4.92%. Distance from 52-week low is 533.52% and -7.78% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.26%).
The EPS is expected to grow by 359.62% this year.
Hesai Group ADR (HSAI) Top Institutional Holders
90.0 institutions hold shares in Hesai Group ADR (HSAI), with institutional investors hold 48.69% of the company’s shares. The shares outstanding are 97.44M, and float is at 72.47M with Short Float at 3.52%. Institutions hold 41.19% of the Float.
The top institutional shareholder in the company is FIL LTD with over 5.04 million shares valued at $21.1 million. The investor’s holdings represent 3.9011% of the HSAI Shares outstanding. As of 2024-06-30, the second largest holder is BRILLIANCE ASSET MANAGEMENT LTD with 1.53 million shares valued at $6.39 million to account for 1.1822 of the shares outstanding. The other top investors are POLUNIN CAPITAL PARTNERS LTD which holds 1.05 million shares representing 0.8149% and valued at over $4.41 million, while MANUFACTURERS LIFE INSURANCE COMPANY, THE holds 0.6495 of the shares totaling 0.84 million with a market value of $3.51 million.
Hesai Group ADR (HSAI) Insider Activity
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Still, SEC filings show that on Mar 13 ’25, Sun Kai (Officer) Proposed Sale 1,028,325 shares at an average price of $22.55 for $23.19 million. The insider now directly holds shares of Hesai Group ADR (HSAI).
