EHang Holdings Ltd ADR (NASDAQ:EH) price on Thursday, April 18, rose 5.66% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $18.29.
A look at the stock’s price movement, the close in the last trading session was $17.31. Turning to its 52-week performance, $25.78 and $9.50 were the 52-week high and 52-week low respectively. Overall, EH moved 2.12% over the past month.
EHang Holdings Ltd ADR’s market cap currently stands at around $800.55 million.
Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that EH is a 50% Buy. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
EH’s current price about -1.05% and 27.26% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 55.45, while 7-day volatility ratio is 7.44% and 8.63% in the 30-day chart. Further, EHang Holdings Ltd ADR (EH) has a beta value of 1.11, and an average true range (ATR) of 1.61.
If we refocus on EHang Holdings Ltd ADR (NASDAQ:EH), historical trading data shows that trading volumes averaged 1.36 million over the past 3 months. The company’s latest data on shares outstanding shows there are 43.77 million shares.
The 1.54% of EHang Holdings Ltd ADR’s shares are in the hands of company insiders while institutional holders own 25.18% of the company’s shares. Current price change has pushed the stock 8.87% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the EH stock continues to rise going into the next quarter.
