EHang Holdings Ltd ADR (EH) recent activity suggests a positive outlook with the last week’s performance of -10.38%

On Tuesday, EHang Holdings Ltd ADR (NASDAQ: EH) was -6.32% drop from the session before settling in for the closing price of $14.56. A 52-week range for EH has been $9.51 – $25.78.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 36.75%. When this article was written, the company’s average yearly earnings per share was at -8.39%. With a float of $43.31 million, this company’s outstanding shares have now reached $43.77 million.

The extent of productivity of a business whose workforce counts for 367 workers is very important to gauge. In terms of profitability, gross margin is 63.04%, operating margin of -115.87%, and the pretax margin is -109.9%.

EHang Holdings Ltd ADR (EH) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward EHang Holdings Ltd ADR stocks. The insider ownership of EHang Holdings Ltd ADR is 1.54%, while institutional ownership is 30.75%.

EHang Holdings Ltd ADR (EH) Latest Financial update

Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.06 earnings per share (EPS) during the time that was better than consensus figure (set at -0.16) by 0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -8.39% per share during the next fiscal year.

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

You can see what EHang Holdings Ltd ADR (EH) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 17.42.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.60, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach 0.00 in one year’s time.

Technical Analysis of EHang Holdings Ltd ADR (EH)

The latest stats from [EHang Holdings Ltd ADR, EH] show that its last 5-days average volume of 0.89 million was inferior to 1.14 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 60.32%. Additionally, its Average True Range was 0.87.

During the past 100 days, EHang Holdings Ltd ADR’s (EH) raw stochastic average was set at 32.40%, which indicates a significant decrease from 47.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.60% in the past 14 days, which was higher than the 61.51% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.40, while its 200-day Moving Average is $14.88. Now, the first resistance to watch is $14.27. This is followed by the second major resistance level at $14.91. The third major resistance level sits at $15.31. If the price goes on to break the first support level at $13.23, it is likely to go to the next support level at $12.83. The third support level lies at $12.19 if the price breaches the second support level.

EHang Holdings Ltd ADR (NASDAQ: EH) Key Stats

There are 63,506K outstanding shares of the company, which has a market capitalization of 600.02 million. As of now, sales total 16,540 K while income totals -42,500 K. Its latest quarter income was 14,040 K while its last quarter net income were -9,840 K.