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

WeRide Inc. ADR (NASDAQ: WRD) is -30.18% 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 $10.17 in the last trading session, with the day’s loss setting it -0.27%.

Currently trading at $9.90, the stock is 8.56% and -2.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 19.92 million and changing -2.65% at the moment leaves the stock -32.27% off its SMA200. WRD registered a loss of -45.81% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $10.1591 and a 200-day simple moving average (SMA200) of $14.616824.

The stock witnessed a 52.54% gain in the last 1 month and extending the period to 3 months gives it a -50.38%, and is -1.79% 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 9.80% over the week and 11.25% over the month.

WeRide Inc. ADR (WRD) has around 3093 employees, a market worth around $2.64B and $50.20M in sales. Profit margin for the company is -697.16%. Distance from 52-week low is 64.18% and -77.50% 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 61.41% this year.

WeRide Inc. ADR (WRD) Top Institutional Holders

45.0 institutions hold shares in WeRide Inc. ADR (WRD), with institutional investors hold 3.05% of the company’s shares. The shares outstanding are 266.26M, and float is at 260.89M with Short Float at 2.81%. Institutions hold 3.03% of the Float.