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Check out this: WeRide Inc. ADR (WRD) could be on the verge of a big rally

WeRide Inc. ADR (NASDAQ: WRD) is -50.35% lower on its value in year-to-date trading and has touched a low of $6.90 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 $7.09 in the last trading session, with the day’s loss setting it -0.05%.

Currently trading at $7.04, the stock is -31.11% and -56.19% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.3 million and changing -0.71% at the moment leaves the stock -55.34% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $16.0704 and a 200-day simple moving average (SMA200) of $15.761976.

The stock witnessed a -52.91% in the last 1 month and extending the period to 3 months gives it a -54.05%, and is -14.46% 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 14.32% over the week and 12.61% over the month.

WeRide Inc. ADR (WRD) has around 3093 employees, a market worth around $1.81B and $50.20M in sales. Profit margin for the company is -697.16%. Distance from 52-week low is 2.03% and -84.00% 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 67.11% this year, but quarterly earnings will post 114.89% year-over-year.

WeRide Inc. ADR (WRD) Top Institutional Holders

22.0 institutions hold shares in WeRide Inc. ADR (WRD), with institutional investors hold 3.31% of the company’s shares. The shares outstanding are 257.13M, and float is at 245.71M with Short Float at 0.42%. Institutions hold 3.23% of the Float.

WeRide Inc. ADR (WRD) Insider Activity

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