$1.46M in average volume shows that EHang Holdings Ltd ADR (EH) is heading in the right direction

EHang Holdings Ltd ADR (NASDAQ: EH) kicked off on Monday, up 7.76% from the previous trading day, before settling in for the closing price of $16.50. Over the past 52 weeks, EH has traded in a range of $9.51-$22.98.

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

Industrials Sector giant saw their annual sales surged by 36.75% over the last five years. While this was happening, its average annual earnings per share was recorded -20.50%. With a float of $43.31 million, this company’s outstanding shares have now reached $43.77 million.

The firm has a total of 367 workers. Let’s measure their productivity. 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 Activity

Our next focus will be how large-scale investors are participating in this stock of the Aerospace & Defense Industry. The insider ownership of EHang Holdings Ltd ADR is 1.54%, while institutional ownership is 30.81%.

EHang Holdings Ltd ADR (EH) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.06 earnings per share (EPS), higher than consensus estimate (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 -20.50% per share during the next fiscal year.

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

Take a look at EHang Holdings Ltd ADR’s (EH) current performance indicators. Last quarter, 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 22.70.

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 -0.03 in one year’s time.

Technical Analysis of EHang Holdings Ltd ADR (EH)

Analysing the last 5-days average volume posted by the [EHang Holdings Ltd ADR, EH], we can find that recorded value of 2.35 million was better than the volume posted last year of 1.29 million. As of the previous 9 days, the stock’s Stochastic %D was 35.91%. Additionally, its Average True Range was 1.56.

During the past 100 days, EHang Holdings Ltd ADR’s (EH) raw stochastic average was set at 58.66%, which indicates a significant increase from 43.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 145.91% in the past 14 days, which was higher than the 81.58% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $14.03, while its 200-day Moving Average is $14.48. Now, the first resistance to watch is $19.09. This is followed by the second major resistance level at $20.39. The third major resistance level sits at $21.41. If the price goes on to break the first support level at $16.77, it is likely to go to the next support level at $15.75. Should the price break the second support level, the third support level stands at $14.45.

EHang Holdings Ltd ADR (NASDAQ: EH) Key Stats

The company with the Market Capitalisation of 782.14 million has total of 63,506K Shares Outstanding. Its annual sales at the moment are 16,540 K in contrast with the sum of -42,500 K annual income. Company’s last quarter sales were recorded 14,040 K and last quarter income was -9,840 K.