At the time of writing, EHang Holdings Ltd ADR [EH] stock is trading at $18.68, up 2.41%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The EH shares have gain 9.88% over the last week, with a monthly amount drifted -9.19%, and not seem to be holding up well over a long-time horizon.
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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.
For the past year, the stock price of EHang Holdings Ltd ADR fluctuated between $9.50 and $25.78. EHang Holdings Ltd ADR [NASDAQ: EH] shares were valued at $18.68 at the most recent close of the market.
Analyzing the EH fundamentals
According to EHang Holdings Ltd ADR [NASDAQ:EH], the company’s sales were 16.45M for trailing twelve months, which represents an 255.32% jump. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at -2.52%, Pretax Profit Margin comes in at -2.56%, and Net Profit Margin reading is -2.57%. To continue investigating profitability, this company’s Return on Assets is posted at -0.5, Equity is -1.96 and Total Capital is -0.85. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.76.
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 18.08 points at the first support level, and at 17.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.29, and for the 2nd resistance point, it is at 19.90.
EHang Holdings Ltd ADR [EH] reported earnings per share of -$0.04 for its fiscal quarter that ended on 12/31/2023. 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 9/30/2023 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
It is important to note that EHang Holdings Ltd ADR [NASDAQ:EH] has a current ratio of 1.81. In addition, the Quick Ratio stands at 1.57 and the Cash Ratio stands at 0.91. Considering the valuation of this stock, the price to sales ratio is 49.70, the price to book ratio is 27.12.
