EHang Holdings Ltd ADR (NASDAQ:EH) price on current trading day, fall -2.27% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $24.12.
A look at the stock’s price movement, the close in the last trading session was $24.68, moving within a range at $23.1701 and $24.83. The beta value (5-Year monthly) was 0.912. Turning to its 52-week performance, $29.76 and $10.40 were the 52-week high and 52-week low respectively. Overall, EH moved -8.43% over the past month.
EHang Holdings Ltd ADR’s market cap currently stands at around $1.06 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-11.
Analysts have a consensus estimate of 151.15M for the company’s revenue for the quarter, with a low and high estimate of 151.15M and 151.15M respectively. The average forecast suggests up to a 144.86% 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 923.77M, representing a 102.51% 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 EH 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.
3 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 1 analyst(s) rate the stock as a Hold, 2 recommend EH 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.
EH’s current price about 3.29% and 19.38% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 56.45, while 7-day volatility ratio is 7.77% and 8.75% in the 30-day chart. Further, EHang Holdings Ltd ADR (EH) has a beta value of 0.91, and an average true range (ATR) of 1.99. Analysts have given the company’s stock an average 52-week price target of $21.75, forecast between a low of $16 and high of $27.5. Looking at the price targets, the low is 33.67% off current price level while to achieve the yearly target high, price needs to move -14.01%. Nonetheless, investors will most likely welcome a 9.83% jump to $21.75 which is the analysts’ median price.
If we refocus on EHang Holdings Ltd ADR (NASDAQ:EH), historical trading data shows that trading volumes averaged 2.5 over the past 10 days and 2.27 million over the past 3 months. The company’s latest data on shares outstanding shows there are 44.04 million shares.
The 1.54% of EHang Holdings Ltd ADR’s shares are in the hands of company insiders while institutional holders own 32.41% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 5.09 million on 2025-02-28, giving us a short ratio of 1.83. The data shows that as of 2025-02-28 short interest in EHang Holdings Ltd ADR (EH) stood at 1167.0 of shares outstanding, with shares short falling to 6.3 million registered in 2025-01-31. Current price change has pushed the stock 53.19% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the EH stock continues to rise going into the next quarter.
