EHang Holdings Ltd ADR (NASDAQ:EH) price closed lower on Monday, April 15, dropping -3.08% below its previous close.
A look at the daily price movement shows that the last close reads $16.89. The company’s 5Y monthly beta was ticking 1.05. Taking into account the 52-week price action we note that the stock hit a 52-week high of $25.78 and 52-week low of $9.50. The stock added 20.28% on its value in the past month.
EHang Holdings Ltd ADR, which has a market valuation of $669.21 million, is expected to release its quarterly earnings report May 29, 2024 – Jun 03, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give EH a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 50% Buy.
The overview shows that EH’s price is at present -11.14% off the SMA20 and 17.19% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 46.91, with weekly volatility standing at 8.57%. The indicator jumps to 11.30% when calculated based on the past 30 days. EHang Holdings Ltd ADR (NASDAQ:EH)’s beta value is holding at 1.09, while the average true range (ATR) indicator is currently reading 1.66.
An analysis of the EHang Holdings Ltd ADR (NASDAQ:EH) stock in terms of its daily trading volume indicates that the 3-month average is 1.34 million.
Current records show that the company has 40.88M in outstanding shares. The insiders’ percentage holdings are 1.54% of outstanding shares while the percentage share held by institutions stands at 26.93%. But the -2.56% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
