Hesai Group ADR (NASDAQ: HSAI) is 36.40% 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 $18.40 in the last trading session, with the day’s gains setting it 0.45%.
Currently trading at $18.85, the stock is -0.31% and 9.05% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.79 million and changing 2.45% at the moment leaves the stock 117.05% off its SMA200. HSAI registered 271.06% gain for a year compared to 6-month gain of 355.31%. The firm has a 50-day simple moving average (SMA 50) of $17.2854 and a 200-day simple moving average (SMA200) of $8.684775.
The stock witnessed a -3.97% loss in the last 1 month and extending the period to 3 months gives it a 71.36%, and is -15.47% 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 8.85% over the week and 11.19% over the month.
Hesai Group ADR (HSAI) has around 1122 employees, a market worth around $1.84B and $288.69M in sales. Fwd P/E is 30.64. Profit margin for the company is -4.92%. Distance from 52-week low is 435.51% and -22.04% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.26%).
with sales reaching $532.16M over the same period.The EPS is expected to grow by 360.18% this year, but quarterly earnings will post 65.29% year-over-year. Quarterly sales are estimated to grow 48.18% in year-over-year returns.
Hesai Group ADR (HSAI) Top Institutional Holders
91.0 institutions hold shares in Hesai Group ADR (HSAI), with institutional investors hold 48.70% 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 41.20% of the Float.
The top institutional shareholder in the company is LIGHTSPEED OPPORTUNITY FUND, L.P. with over 10.69 million shares valued at $44.78 million. The investor’s holdings represent 8.2804% of the HSAI Shares outstanding. As of 2024-06-30, the second largest holder is FIL LTD with 5.04 million shares valued at $$21.1 million to account for 3.9011 of the shares outstanding. The other top investors are BRILLIANCE ASSET MANAGEMENT LTD which holds 1.53 million shares representing 1.1822% and valued at over $6.39 million, while MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. holds 0.9369 of the shares totaling 1.21 million with a market value of $5.07 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).