Pony AI Inc. ADR (NASDAQ:PONY) price on Thursday, March 20, fall -0.40% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $12.50.
A look at the stock’s price movement, the close in the last trading session was $12.55, moving within a range at $12.2675 and $12.6856. Turning to its 52-week performance, $23.88 and $11.90 were the 52-week high and 52-week low respectively. Overall, PONY moved -32.21% over the past month.
Pony AI Inc. ADR’s market cap currently stands at around $3.35 billion, with investors looking forward to this quarter’s earnings report slated for in April.
PONY’s current price about -17.68% and -14.84% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 40.47, while 7-day volatility ratio is 5.99% and 10.32% in the 30-day chart. Further, Pony AI Inc. ADR (PONY) has a beta value of 0, and an average true range (ATR) of 1.35. Analysts have given the company’s stock an average 52-week price target of $20, forecast between a low of $20 and high of $20. Looking at the price targets, the low is -60.0% off current price level while to achieve the yearly target high, price needs to move -60.0%. Nonetheless, investors will most likely welcome a -60.0% jump to $20 which is the analysts’ median price.
If we refocus on Pony AI Inc. ADR (NASDAQ:PONY), historical trading data shows that trading volumes averaged 1.57 over the past 10 days and 1.39 million over the past 3 months. The company’s latest data on shares outstanding shows there are 267.87 million shares.
The 23.83% of Pony AI Inc. ADR’s shares are in the hands of company insiders while institutional holders own 13.18% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.87 million on 2025-02-28, giving us a short ratio of 1.65. The data shows that as of 2025-02-28 short interest in Pony AI Inc. ADR (PONY) stood at 109.99999999999999 of shares outstanding, with shares short rising to 1.5 million registered in 2025-01-31. Current price change has pushed the stock -12.89% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the PONY stock continues to rise going into the next quarter.
