WeRide Inc. ADR’s (NASDAQ: WRD) Stock Price Continues To Fall

The trading price of WeRide Inc. ADR (NASDAQ:WRD) closed higher on Monday, April 14, and closing at $10.03, 0.80% higher than its previous close.

Traders who pay close attention to intraday price movement should know that it fluctuated between $9.7101 and $10.564. 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 $8.60. Over the past month, the stock has lost -45.49% in value.

WeRide Inc. ADR, whose market valuation is $2.58 billion at the time of this writing, is expected to release its quarterly earnings report in May. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of -4.64 for current year and -1.51 for next year.

From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 776.06M.

A quick review shows that WRD’s price is currently -25.08% off the SMA20 and -41.79% off the SMA50. The RSI metric on the 14-day chart is currently showing 34.85, and weekly volatility stands at 16.40%. When measured over the past 30 days, the indicator reaches 10.49%. WeRide Inc. ADR (NASDAQ:WRD)’s beta value is currently sitting at 0, while the Average True Range indicator is currently displaying 1.67.

To see how WeRide Inc. ADR stock has been performing in comparison to its peers in the industry, here are the numbers: WRD stock’s performance was 0.80% in the latest trading.

An evaluation of the daily trading volume of WeRide Inc. ADR (NASDAQ:WRD) indicates that the 3-month average is 1.99 million. However, this figure has increased over the past 10 days to an average of 1.58.

Currently, records show that 257.13 million of the company’s shares remain outstanding. The insiders hold 4.44% of outstanding shares, whereas institutions hold 0.17%. The stats also highlight that short interest as of 2025-03-31, stood at 1.23 million shares, resulting in a short ratio of 0.57 at that time. From this, we can conclude that short interest is 62.00 of the company’s total outstanding shares. It is noteworthy that short shares in March were up slightly from the previous month’s figure, which was 0.3 million. However, since the stock’s price has seen -29.27% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

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