WeRide Inc. ADR (NASDAQ: WRD) is -39.14% lower on its value in year-to-date trading and has touched a low of $8.60 and a high of $44.00 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 WRD stock was last observed hovering at around $9.46 in the last trading session, with the day’s loss setting it -0.83%.
Currently trading at $8.63, the stock is -31.58% and -49.28% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing -8.77% at the moment leaves the stock -46.62% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $17.015 and a 200-day simple moving average (SMA200) of $16.16606.
The stock witnessed a -48.57% in the last 1 month and extending the period to 3 months gives it a -30.74%, and is -19.87% 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 8.32% over the week and 10.34% over the month.
WeRide Inc. ADR (WRD) has around 3093 employees, a market worth around $2.22B and $50.20M in sales. Profit margin for the company is -697.16%. Distance from 52-week low is 0.35% and -80.39% from its 52-week high. The company has generated returns on investments over the last 12 months (-35.77%).
The EPS is expected to grow by 66.83% this year
21.0 institutions hold shares in WeRide Inc. ADR (WRD), with institutional investors hold 3.30% of the company’s shares. The shares outstanding are 257.13M, and float is at 245.71M with Short Float at 0.50%. Institutions hold 3.22% of the Float.
