EHang Holdings Ltd ADR’s stock (EH) continues to rise above its goal

At the time of writing, EHang Holdings Ltd ADR [EH] stock is trading at $13.24, up 12.49%. An important factor to consider is whether the stock is rising or falling in short-term value. The EH shares have gain 7.29% over the last week, with a monthly amount drifted -13.46%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, UBS started tracking the stock with Buy rating on August 28, 2024, and set its price target to $22. On May 06, 2024, Morgan Stanley initiated with a Overweight rating and assigned a price target of $27.50 on the stock. Goldman upgraded its rating to a Buy but stick to its price target of $30.50 on October 16, 2023. Goldman initiated its recommendation with a Neutral and recommended $4 as its price target on October 27, 2022. In a note dated April 13, 2021, Morgan Stanley downgraded an Equal-Weight rating on this stock but restated the target price of $33.

For the past year, the stock price of EHang Holdings Ltd ADR fluctuated between $9.51 and $25.78. 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 $13.24 at the most recent close of the market. An investor can expect a potential return of 64.27% based on the average EH price forecast.

Analyzing the EH fundamentals

According to EHang Holdings Ltd ADR [NASDAQ:EH], the company’s sales were 34.45M for trailing twelve months, which represents an 888.29% jump. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at -1.16%, Pretax Profit Margin comes in at -1.1%, and Net Profit Margin reading is -1.1%. To continue investigating profitability, this company’s Return on Assets is posted at -0.21, Equity is -0.84 and Total Capital is -0.37. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.48.

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 12.55 points at the first support level, and at 11.87 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.61, and for the 2nd resistance point, it is at 13.99.

Ratios To Look Out For

It is important to note that EHang Holdings Ltd ADR [NASDAQ:EH] has a current ratio of 2.12. On the other hand, the Quick Ratio is 1.99, and the Cash Ratio is 1.17. Considering the valuation of this stock, the price to sales ratio is 16.91, the price to book ratio is 9.56.

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