WeRide Inc. ADR (WRD) Is Sitting On A Potential Gold Mine

WeRide Inc. ADR (NASDAQ:WRD) at last check was buoying at $29.25 on current market day with a fall of -14.01% from its closing price on previous day.

Considering stock’s 52-week price range provides that WRD hit a high price of $44.00 and saw its price falling to a low level of $12.22 during that period. Over a period of past 1-month, stock came adding 128.13% in its value.

With its current market valuation of $7.49 billion, WeRide Inc. ADR is set to declare its quarterly results in March. Analysts are in estimates of 0 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to -3.29 for current year with estimates of that growing to -2.59 in next year.

Digging deeper we become aware of the PEG ratio of the WRD stock which is currently positioned at 0. It further provides that stock’s current price level is 54.38% away from its 20-day simple moving average and is 80.58% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 64.41 while volatility remained at 20.08% over the past week which changes to 10.74% when measuring it over the past month. Average true range or ATR is currently at 3.95.

The percentage of outstanding shares held by the insiders is 4.44% while it is 0.14% for the institutional holders. Addition of 106.25% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.

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