The trading price of Hesai Group ADR (NASDAQ:HSAI) closed lower on Tuesday, March 25, and closing at $18.39, -2.47% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $18.04 and $18.84. In examining the 52-week price action we see that the stock hit a 52-week high of $24.18 and a 52-week low of $3.52. Over the past month, the stock has gained 3.69% in value.
Hesai Group ADR, whose market valuation is $1.79 billion at the time of this writing, is expected to release its quarterly earnings report on 2025-Mar-09. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest HSAI has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned HSAI a recommendation rating is 6. Out of them, 2 rate it a Hold, while 4 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Hesai Group ADR (HSAI) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that HSAI’s price is currently -3.03% off the SMA20 and 5.97% off the SMA50. The RSI metric on the 14-day chart is currently showing 49.22, and weekly volatility stands at 6.32%. When measured over the past 30 days, the indicator reaches 10.79%. Hesai Group ADR (NASDAQ:HSAI)’s beta value is currently sitting at 0.98, while the Average True Range indicator is currently displaying 1.99.
To see how Hesai Group ADR stock has been performing in comparison to its peers in the industry, here are the numbers: HSAI stock’s performance was -2.47% in the latest trading, and 262.62% in the past year.
An evaluation of the daily trading volume of Hesai Group ADR (NASDAQ:HSAI) indicates that the 3-month average is 4.33 million. However, this figure has increased over the past 10 days to an average of 6.51.
Currently, records show that 97.44 million of the company’s shares remain outstanding. The insiders hold 25.63% of outstanding shares, whereasinstitutions hold 18.01%. The stats also highlight that short interest as of 2025-02-28, stood at 2.55 million shares, resulting in a short ratio of 0.64 at that time. From this, we can conclude that short interest is 303.00 of the company’s total outstanding shares. It is noteworthy that short shares in February were up slightly from the previous month’s figure, which was 0.51 million. However, since the stock’s price has seen 33.03% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
