EHang Holdings Ltd ADR (EH) Stock: A Closer Look

EHang Holdings Ltd ADR [EH] stock is trading at $20.57, up 9.47%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The EH shares have gain 15.56% over the last week, with a monthly amount glided 94.98%, and seem to be holding up well over a long-time horizon.

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On 22, March 2024, EHang Announces Japan’s First UAM Center in Tsukuba. In a post published today on Yahoo Finance, EHang Announces Japan’s First UAM Center in Tsukuba.

From an analyst’s perspective:

EHang Holdings Ltd ADR [NASDAQ: EH] stock has seen the most recent analyst activity on October 16, 2023, when Goldman upgraded its rating to a Buy but kept the price target unchanged to $30.50 for it. Previously, Goldman started tracking the stock with Neutral rating on October 27, 2022, and set its price target to $4. Morgan Stanley downgraded its rating to a Equal-Weight but stick to its price target of $33 on April 13, 2021. Needham initiated its recommendation with a Buy and recommended $14 as its price target on February 07, 2020.

EHang Holdings Ltd ADR [EH] stock has fluctuated between $9.18 and $25.78 over the past year. EHang Holdings Ltd ADR [NASDAQ: EH] shares were valued at $20.57 at the most recent close of the market.

Analyzing the EH fundamentals

EHang Holdings Ltd ADR [NASDAQ:EH] reported sales of 16.45M for the trailing twelve months, which represents a growth of 255.32%. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at -4.09%, Pretax Profit Margin comes in at -4.42%, and Net Profit Margin reading is -4.44%. To continue investigating profitability, this company’s Return on Assets is posted at -0.59, Equity is -2.58 and Total Capital is -0.83. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.57.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.39 points at the first support level, and at 18.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.48, and for the 2nd resistance point, it is at 22.38.

EHang Holdings Ltd ADR [EH] reported earnings per share of -$0.04 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.1/share, meaning a difference of $0.06 and a surprise factor of 60.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.06 per share as compared to estimates of -$0.16 per share, a difference of $0.1 representing a surprise of 62.50%.

Ratios To Look Out For

For context, EHang Holdings Ltd ADR’s Current Ratio is 1.81. Also, the Quick Ratio is 1.57, while the Cash Ratio stands at 1.17. Considering the valuation of this stock, the price to sales ratio is 51.12, the price to book ratio is 25.52.

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