The trading price of WeRide Inc. ADR (NASDAQ:WRD) floating higher at last check on current market day and closing at $16.50, 3.90% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $15.91 and $16.86. In examining the 52-week price action we see that the stock hit a 52-week high of $44.00 and a 52-week low of $12.22. Over the past month, the stock has lost -32.43% in value.
WeRide Inc. ADR, whose market valuation is $4.23 billion at the time of this writing, is expected to release its quarterly earnings report in April. Investors’ optimism about the company’s current quarter earnings report is understandable.
A quick review shows that WRD’s price is currently -6.67% off the SMA20 and -6.43% off the SMA50. The RSI metric on the 14-day chart is currently showing 45.55, and weekly volatility stands at 6.67%. When measured over the past 30 days, the indicator reaches 11.90%. WeRide Inc. ADR (NASDAQ:WRD)’s beta value is currently sitting at 0, while the Average True Range indicator is currently displaying 2.22.
To see how WeRide Inc. ADR stock has been performing today in comparison to its peers in the industry, here are the numbers: WRD stock’s performance was 3.90% in the latest trading.
An evaluation of the daily trading volume of WeRide Inc. ADR (NASDAQ:WRD) indicates that the 3-month average is 1.74 million. However, this figure has increased over the past 10 days to an average of 2.4.
Currently, records show that 256.22 million of the company’s shares remain outstanding. The insiders hold 4.44% of outstanding shares, whereas institutions hold 0.15%. The stats also highlight that short interest as of 2025-02-28, stood at 0.3 million shares, resulting in a short ratio of 0.11 at that time. From this, we can conclude that short interest is 17.00 of the company’s total outstanding shares. It is noteworthy that short shares in February were up slightly from the previous month’s figure, which was 80276.0. However, since the stock’s price has seen 16.36% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
