WeRide Inc. ADR (NASDAQ:WRD) price closed lower on Tuesday, February 25, and dropping -7.15% below its previous close.
A look at the daily price movement shows that the last close reads $24.05. Taking into account the 52-week price action we note that the stock hit a 52-week high of $44.00 and 52-week low of $12.22. The stock added 45.76% on its value in the past month.
WeRide Inc. ADR, which has a market valuation of $5.72 billion, is expected to release its quarterly earnings report in March.
Staying with the analyst view, there is a consensus estimate of 450.77M for the company’s annual revenue in current year.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.
The overview shows that WRD’s price is at present 10.58% off the SMA20 and 34.67% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 52.93, with weekly volatility standing at 20.00%. The indicator jumps to 12.85% when calculated based on the past 30 days. WeRide Inc. ADR (NASDAQ:WRD)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 4.15.
An analysis of the WeRide Inc. ADR (NASDAQ:WRD) stock in terms of its daily trading volume indicates that the 3-month average is 950.65K.
Current records show that the company has 256.22M in outstanding shares. The insiders’ percentage holdings are 4.44% of outstanding shares while the percentage share held by institutions stands at 0.14%. But the 57.48% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
