Hesai Group ADR (NASDAQ: HSAI) is 378.80% higher on its value in year-to-date trading and has touched a low of $3.52 and a high of $24.18 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HSAI stock was last observed hovering at around $18.22 in the last trading session, with the day’s loss setting it -13.43%.
Currently trading at $4.79M, the stock is 5.87% and 17.44% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.24 million and changing 4240610% at the moment leaves the stock 62.86% off its SMA200. HSAI registered 50.36% gain for a year compared to 6-month gain of 88.91%. The firm has a 50-day simple moving average (SMA 50) of $17.6935 and a 200-day simple moving average (SMA200) of $12.7591.
The stock witnessed a -3.93% loss in the last 1 month and extending the period to 3 months gives it a 10.24%, and is 8.63% 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 6.34% over the week and 4.77% over the month.
Hesai Group ADR (HSAI) has around 1020 employees, a market worth around $2.19B and $310.92M in sales. Fwd P/E is 31.48. Profit margin for the company is -0.56%. Distance from 52-week low is 490.34% and -14.06% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.27%).
The EPS is expected to grow by 380.26% this year.
Hesai Group ADR (HSAI) Top Institutional Holders
130.0 institutions hold shares in Hesai Group ADR (HSAI), with institutional investors hold 59.08% of the company’s shares. The shares outstanding are 105.47M, and float is at 99.35M with Short Float at 5.81%. Institutions hold 54.69% of the Float.
The top institutional shareholder in the company is LIGHTSPEED OPPORTUNITY FUND, L.P. with over 10.69 million shares valued at $44.78 million. The investor’s holdings represent 8.2804% of the HSAI Shares outstanding. As of 2024-06-30, the second largest holder is FIL LTD with 5.04 million shares valued at $21.1 million to account for 3.9011 of the shares outstanding. The other top investors are BRILLIANCE ASSET MANAGEMENT LTD which holds 1.53 million shares representing 1.1822% and valued at over $6.39 million, while MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. holds 0.9369 of the shares totaling 1.21 million with a market value of $5.07 million.
