Hesai Group ADR (HSAI) Stock: A Closer Look

Hesai Group ADR [HSAI] stock prices are up 16.29% to $4.14 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The HSAI shares have gain 7.25% over the last week, with a monthly amount drifted -10.58%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Hesai Group ADR [NASDAQ: HSAI] stock has seen the most recent analyst activity on September 26, 2023, when Citigroup initiated its Buy rating and assigned the stock a price target of $12.90. Previously, BofA Securities started tracking the stock with Buy rating on September 22, 2023, and set its price target to $14.80. On August 18, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $12.40 on the stock. Goldman started tracking the stock assigning a Buy rating and suggested a price target of $31 on March 13, 2023. Credit Suisse initiated its recommendation with a Outperform and recommended $28 as its price target on March 07, 2023.

The stock price of Hesai Group ADR [HSAI] has been fluctuating between $3.28 and $11.88 over the past year. Hesai Group ADR [NASDAQ: HSAI] shares were valued at $4.14 at the most recent close of the market.

Analyzing the HSAI fundamentals

The Hesai Group ADR [NASDAQ:HSAI] reported sales of 251.80M for trailing twelve months, representing a drop of -20.49%. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at -0.32%, Pretax Profit Margin comes in at -0.26%, and Net Profit Margin reading is -0.26%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.12 and Total Capital is -0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.17.

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 3.92 points at the first support level, and at 3.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.48, and for the 2nd resistance point, it is at 4.81.

Ratios To Look Out For

It’s worth pointing out that Hesai Group ADR [NASDAQ:HSAI]’s Current Ratio is 3.33. Further, the Quick Ratio stands at 2.84, while the Cash Ratio is 1.21. Considering the valuation of this stock, the price to sales ratio is 1.59, the price to book ratio is 0.93.

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