WeRide Inc. ADR (WRD) Stock Could Soon Reward Patient Investors

WeRide Inc. ADR (NASDAQ: WRD) is -38.40% 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 $8.76 in the last trading session, with the day’s loss setting it -0.03%.

Currently trading at $8.73, the stock is 9.44% and -23.60% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.29 million and changing -0.29% at the moment leaves the stock -41.50% off its SMA200. WRD registered a loss of -49.16% in past 6-months.

The stock witnessed a 1.22% gain in the last 1 month and extending the period to 3 months gives it a -72.27%, and is 9.05% 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 14.76% over the week and 13.79% over the month.

WeRide Inc. ADR (WRD) has around 3093 employees, a market worth around $2.25B and $50.20M in sales. Profit margin for the company is -697.16%. Distance from 52-week low is 44.86% and -80.15% 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 63.08% this year.

WeRide Inc. ADR (WRD) Top Institutional Holders

The shares outstanding are 257.13M, and float is at 251.95M with Short Float at 0.55%.

WeRide Inc. ADR (WRD) Insider Activity

#####

Related Posts