EHang Holdings Ltd ADR (NASDAQ: EH) is -7.21% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EH stock was last observed hovering at around $15.23 in the last trading session, with the day’s loss setting it -0.62%.
Currently trading at $14.61, the stock is -22.04% and -31.60% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.28 million and changing -4.04% at the moment leaves the stock -10.96% off its SMA200. EH registered -10.75% loss for a year compared to 6-month gain of -13.91%. The firm has a 50-day simple moving average (SMA 50) of $21.3586 and a 200-day simple moving average (SMA200) of $16.409075.
The stock witnessed a -40.80% loss in the last 1 month and extending the period to 3 months gives it a -2.40%, and is -6.41% 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 6.40% over the week and 7.00% over the month.
EHang Holdings Ltd ADR (EH) has around 483 employees, a market worth around $643.42M and $63.40M in sales. Fwd P/E is 45.03. Profit margin for the company is -50.33%. Distance from 52-week low is 40.48% and -50.91% 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 87.68% this year
103.0 institutions hold shares in EHang Holdings Ltd ADR (EH), with institutional investors hold 34.99% of the company’s shares. Institutions hold 34.73% 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.
