EHang Holdings Ltd ADR [EH] stock prices are up 2.00% to $15.32 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The EH shares have gain 6.46% over the last week, with a monthly amount drifted -0.84%, 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 May 06, 2024, when Morgan Stanley initiated its Overweight rating and assigned the stock a price target of $27.50. Previously, Goldman upgraded its rating to Buy on October 16, 2023, and kept the price target unchanged to $30.50. On October 27, 2022, Goldman initiated with a Neutral rating and assigned a price target of $4 on the stock. Morgan Stanley downgraded its rating to a Equal-Weight but $33 remained the price target by the analyst firm on April 13, 2021. Needham started tracking with a Buy rating for this stock on February 07, 2020, and assigned it a price target of $14.
The stock price of EHang Holdings Ltd ADR [EH] has been fluctuating between $9.51 and $25.78 over the past year. Currently, Wall Street analysts expect the stock to reach $21.75 within the next 12 months. EHang Holdings Ltd ADR [NASDAQ: EH] shares were valued at $15.32 at the most recent close of the market. An investor can expect a potential return of 41.97% based on the average EH price forecast.
Analyzing the EH fundamentals
The EHang Holdings Ltd ADR [NASDAQ:EH] reported sales of 21.79M for trailing twelve months, representing a surge of 164.65%. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at -1.82%, Pretax Profit Margin comes in at -1.76%, and Net Profit Margin reading is -1.77%. To continue investigating profitability, this company’s Return on Assets is posted at -0.47, Equity is -1.46 and Total Capital is -0.77. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.75.
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 15.06 points at the first support level, and at 14.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.62, and for the 2nd resistance point, it is at 15.92.
Ratios To Look Out For
It’s worth pointing out that EHang Holdings Ltd ADR [NASDAQ:EH]’s Current Ratio is 1.97. As well, the Quick Ratio is 1.69, while the Cash Ratio is 1.14. Considering the valuation of this stock, the price to sales ratio is 30.93, the price to book ratio is 33.01.
