Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of EHang Holdings Ltd ADR (NASDAQ: EH) was $23.53 for the day, down -6.74% from the previous closing price of $25.23. In other words, the price has decreased by -$6.74 from its previous closing price. On the day, 3.79 million shares were traded.
Ratios:
Our analysis of EH’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.25 and its Current Ratio is at 2.39. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.17.
On August 28, 2024, UBS started tracking the stock assigning a Buy rating and target price of $22.
On May 06, 2024, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $27.50.Morgan Stanley initiated its Overweight rating on May 06, 2024, with a $27.50 target price.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 21.42 while its Price-to-Book (P/B) ratio in mrq is 9.74.
Stock Price History:
Over the past 52 weeks, EH has reached a high of $29.76, while it has fallen to a 52-week low of $10.12. The 50-Day Moving Average of the stock is 34.27%, while the 200-Day Moving Average is calculated to be 51.48%.
Shares Statistics:
A total of 44.04M shares are outstanding, with a floating share count of 43.36M. Insiders hold about 1.54% of the company’s shares, while institutions hold 32.06% stake in the company.
