Hesai Group ADR (HSAI) is ready for next Episode as it posted an annual sales of 264,370 K

On Friday, Hesai Group ADR (NASDAQ: HSAI) opened lower -3.09% from the last session, before settling in for the closing price of $4.21. Price fluctuations for HSAI have ranged from $3.28 to $11.55 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 53.32%. Company’s average yearly earnings per share was noted 48.12% at the time writing. With a float of $80.47 million, this company’s outstanding shares have now reached $97.00 million.

The extent of productivity of a business whose workforce counts for 1122 workers is very important to gauge. In terms of profitability, gross margin is 39.11%, operating margin of -30.93%, and the pretax margin is -25.23%.

Hesai Group ADR (HSAI) Insider Updates

A key investor’s attitude towards the stock of the Auto Parts industry is another important factor to consider. The insider ownership of Hesai Group ADR is 17.42%, while institutional ownership is 15.11%.

Hesai Group ADR (HSAI) Performance Highlights and Predictions

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.81 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -1.56) by 0.75. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.96 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 48.12% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.29% during the next five years compared to -27.73% drop over the previous five years of trading.

Hesai Group ADR (NASDAQ: HSAI) Trading Performance Indicators

Check out the current performance indicators for Hesai Group ADR (HSAI). In the past quarter, the stock posted a quick ratio of 2.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.57.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.50, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach 0.08 in one year’s time.

Technical Analysis of Hesai Group ADR (HSAI)

The latest stats from [Hesai Group ADR, HSAI] show that its last 5-days average volume of 0.57 million was inferior to 0.63 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 25.12%. Additionally, its Average True Range was 0.28.

During the past 100 days, Hesai Group ADR’s (HSAI) raw stochastic average was set at 25.57%, which indicates a significant increase from 7.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.45% in the past 14 days, which was lower than the 70.16% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.50, while its 200-day Moving Average is $4.50. Now, the first resistance to watch is $4.17. This is followed by the second major resistance level at $4.27. The third major resistance level sits at $4.34. If the price goes on to break the first support level at $4.00, it is likely to go to the next support level at $3.93. Assuming the price breaks the second support level, the third support level stands at $3.83.

Hesai Group ADR (NASDAQ: HSAI) Key Stats

There are currently 127,028K shares outstanding in the company with a market cap of 397.56 million. Presently, the company’s annual sales total 264,370 K according to its annual income of -67,040 K. Last quarter, the company’s sales amounted to 63,140 K and its income totaled -9,920 K.