Hesai Group ADR (NASDAQ:HSAI) shares, rose in value on Wednesday, April 16, with the stock price down by -6.26% to the previous day’s close as strong demand from buyers drove the stock to $11.02.
Actively observing the price movement in the last trading, the stock closed the session at $11.75, falling within a range of $10.41 and $11.27. The value of beta (5-year monthly) was 1.37. Referring to stock’s 52-week performance, its high was $24.18, and the low was $3.52. On the whole, HSAI has fluctuated by -46.43% over the past month.
With the market capitalization of Hesai Group ADR currently standing at about $1.11 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-09.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.41B, with a low estimate of 532.16M and a high estimate of 532.16M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 532.16M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HSAI’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the price of HSAI currently trading nearly -28.58% and -35.81% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 33.27, while the 7-day volatility ratio is showing 12.98% which for the 30-day chart, stands at 10.99%. Furthermore, Hesai Group ADR (HSAI)’s beta value is 1.60, and its average true range (ATR) is 1.88.
A comparison of Hesai Group ADR (HSAI) with its peers suggests the former has fared considerably weaker in the market. HSAI showed an intraday change of -6.26% in last session, and over the past year, it grew by 146.70%%.
Data on historical trading for Hesai Group ADR (NASDAQ:HSAI) indicates that the trading volumes over the past 10 days have averaged 5.83 and over the past 3 months, they’ve averaged 4.79 million. According to company’s latest data on outstanding shares, there are 101.14 million shares outstanding.
Nearly 25.63% of Hesai Group ADR’s shares belong to company insiders and institutional investors own 17.46% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 9.48 million shares as on 2025-03-31, resulting in a short ratio of 1.62. According to the data, the short interest in Hesai Group ADR (HSAI) stood at 903.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 2.55 million. The stock has fallen by -20.30% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HSAI stock heading into the next quarter.
