Things appear to be looking up for WeRide Inc. ADR (WRD)

WeRide Inc. ADR (NASDAQ: WRD) is -32.37% lower on its value in year-to-date trading and has touched a low of $6.03 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 $10.21 in the last trading session, with the day’s loss setting it -0.62%.

Currently trading at $9.59, the stock is 20.62% and -19.46% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 24.55 million and changing -6.07% at the moment leaves the stock -36.33% off its SMA200. WRD registered a loss of -38.76% in past 6-months.

The stock witnessed a -3.62% gain in the last 1 month and extending the period to 3 months gives it a -39.69%, and is 6.32% up 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 16.29% over the week and 13.41% over the month.

WeRide Inc. ADR (WRD) has around 3093 employees, a market worth around $2.47B and $50.20M in sales. Profit margin for the company is -697.16%. Distance from 52-week low is 59.04% and -78.20% 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 63.10% this year, but quarterly earnings will post 71.65% year-over-year.