Hesai Group ADR (NASDAQ:HSAI) price on Thursday, March 20, fall -7.23% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $19.25.
A look at the stock’s price movement, the close in the last trading session was $20.75, moving within a range at $19.23 and $20.835. The beta value (5-Year monthly) was 1.084. Turning to its 52-week performance, $24.18 and $3.52 were the 52-week high and 52-week low respectively. Overall, HSAI moved 8.88% over the past month.
Hesai Group ADR’s market cap currently stands at around $1.88 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-09.
Analysts have a consensus estimate of 532.16M for the company’s revenue for the quarter, with a low and high estimate of 532.16M and 532.16M respectively. The average forecast suggests up to a 48.18% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 3.43B, representing a 65.29% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that HSAI is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
6 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 4 recommend HSAI as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
HSAI’s current price about 1.78% and 12.53% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 51.57, while 7-day volatility ratio is 12.48% and 11.56% in the 30-day chart. Further, Hesai Group ADR (HSAI) has a beta value of 0.71, and an average true range (ATR) of 2.25.
If we refocus on Hesai Group ADR (NASDAQ:HSAI), historical trading data shows that trading volumes averaged 8.73 over the past 10 days and 4.20 million over the past 3 months. The company’s latest data on shares outstanding shows there are 97.44 million shares.
The 25.63% of Hesai Group ADR’s shares are in the hands of company insiders while institutional holders own 18.01% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.55 million on 2025-02-28, giving us a short ratio of 0.64. The data shows that as of 2025-02-28 short interest in Hesai Group ADR (HSAI) stood at 302.99999 of shares outstanding, with shares short rising to 0.51 million registered in 2025-01-31. Current price change has pushed the stock 39.29% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the HSAI stock continues to rise going into the next quarter.
