The trading price of Pony AI Inc. ADR (NASDAQ:PONY) closed lower on Tuesday, June 17, and closing at $12.36, -0.72% lower than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $23.88 and a 52-week low of $4.11. Over the past month, the stock has lost -32.94% in value.
Pony AI Inc. ADR, whose market valuation is $3.33 billion at the time of this writing, is expected to release its quarterly earnings report in July. 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 -0.45 for current year and -0.53 for next year.
From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 82.03M.
A quick review shows that PONY’s price is currently -20.27% off the SMA20 and 0.22% off the SMA50. The RSI metric on the 14-day chart is currently showing 44.04, and weekly volatility stands at 5.37%. When measured over the past 30 days, the indicator reaches 10.77%. Pony AI Inc. ADR (NASDAQ:PONY)’s beta value is currently sitting at 0, while the Average True Range indicator is currently displaying 1.85. With analysts defining $20-$20 as the low and high price targets, we arrive at a consensus price target of $20 for the trailing 12-month period. The current price is about -61.81% off the estimated low and -61.81% off the forecast high, based on this estimate. Investors will be thrilled if PONY’s share price rises to $20, which is the median consensus price. At that level, PONY’s share price would be -61.81% below current price.
To see how Pony AI Inc. ADR stock has been performing in comparison to its peers in the industry, here are the numbers: PONY stock’s performance was -0.72% in the latest trading.
An evaluation of the daily trading volume of Pony AI Inc. ADR (NASDAQ:PONY) indicates that the 3-month average is 11.90 million.
Currently, records show that 269.20 million of the company’s shares remain outstanding. The insiders hold 23.83% of outstanding shares, whereas institutions hold 16.08%. However, since the stock’s price has seen -13.87% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
