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WeRide Inc. ADR (WRD) – key numbers that make it a Strong Buy For Now

MQ Stock

WeRide Inc. ADR (NASDAQ: WRD) is -38.01% lower on its value in year-to-date trading and has touched a low of $7.59 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 $8.44 in the last trading session, with the day’s gains setting it 0.35%.

Currently trading at $8.79, the stock is -23.36% and -47.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.07 million and changing 4.15% at the moment leaves the stock -44.98% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $16.6108 and a 200-day simple moving average (SMA200) of $15.975661.

The stock witnessed a -44.65% in the last 1 month and extending the period to 3 months gives it a -31.44%, and is -12.36% 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 10.56% over the week and 11.41% over the month.

WeRide Inc. ADR (WRD) has around 3093 employees, a market worth around $2.26B and $50.20M in sales. Profit margin for the company is -697.16%. Distance from 52-week low is 15.81% and -80.02% 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 66.99% this year, but quarterly earnings will post 114.89% year-over-year.

WeRide Inc. ADR (WRD) Top Institutional Holders

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.

WeRide Inc. ADR (WRD) Insider Activity

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