EHang Holdings Ltd ADR (EH) posted a 29.55% change over the last five days signaling a new trend

A new trading day began on Friday, with EHang Holdings Ltd ADR (NASDAQ: EH) stock price up 5.37% from the previous day of trading, before settling in for the closing price of $14.52. EH’s price has ranged from $9.51 to $25.78 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 36.75%. Meanwhile, its annual earnings per share averaged 30.22%. With a float of $43.31 million, this company’s outstanding shares have now reached $43.77 million.

Considering the fact that the conglomerate employs 367 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 63.04%, operating margin of -115.87%, and the pretax margin is -110.13%.

EHang Holdings Ltd ADR (EH) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Aerospace & Defense Industry. The insider ownership of EHang Holdings Ltd ADR is 1.54%, while institutional ownership is 30.75%.

EHang Holdings Ltd ADR (EH) Recent Fiscal highlights

In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.06 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 30.22% per share during the next fiscal year.

EHang Holdings Ltd ADR (NASDAQ: EH) Trading Performance Indicators

Here are EHang Holdings Ltd ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 19.54.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.60, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach 0.12 in one year’s time.

Technical Analysis of EHang Holdings Ltd ADR (EH)

Compared to the last year’s volume of 1.15 million, its volume of 1.88 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 78.52%. Additionally, its Average True Range was 0.86.

During the past 100 days, EHang Holdings Ltd ADR’s (EH) raw stochastic average was set at 42.31%, which indicates a significant decrease from 87.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 74.02% in the past 14 days, which was higher than the 62.24% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.37, while its 200-day Moving Average is $14.85. Nevertheless, the first resistance level for the watch stands at $15.84 in the near term. At $16.38, the stock is likely to face the second major resistance level. The third major resistance level sits at $16.93. If the price goes on to break the first support level at $14.75, it is likely to go to the next support level at $14.20. Now, if the price goes above the second support level, the third support stands at $13.66.

EHang Holdings Ltd ADR (NASDAQ: EH) Key Stats

With a market capitalization of 673.05 million, the company has a total of 63,506K Shares Outstanding. Currently, annual sales are 16,540 K while annual income is -42,500 K. The company’s previous quarter sales were 8,550 K while its latest quarter income was -8,770 K.