EHang Holdings Limited (EH) Records 2.99% Price increase in Friday Trading

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The closing price of EHang Holdings Limited (NASDAQ: EH) was $17.21 for the day, up 2.99% from the previous closing price of $16.71. In other words, the price has increased by $+0.50 from its previous closing price. On the day, 521617 shares were traded. EH stock price reached its highest trading level at $17.23 during the session, while it also had its lowest trading level at $16.28.

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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 1.00 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 0.69 whereas as Long-Term Debt/Eq ratio is at 0.03.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on October 27, 2022, initiated with a Neutral rating and assigned the stock a target price of $4.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EH now has a Market Capitalization of 1.04B and an Enterprise Value of 1.04B. For the stock, the TTM Price-to-Sale (P/S) ratio is 131.06 while its Price-to-Book (P/B) ratio in mrq is 81.95. Its current Enterprise Value per Revenue stands at 23.50 whereas that against EBITDA is -3.42.

Stock Price History:

Over the past 52 weeks, EH has reached a high of $23.24, while it has fallen to a 52-week low of $3.32. The 50-Day Moving Average of the stock is 18.73, while the 200-Day Moving Average is calculated to be 12.94.

Shares Statistics:

EH traded an average of 1.00M shares per day over the past three months and 442.96k shares per day over the past ten days. A total of 60.08M shares are outstanding, with a floating share count of 40.54M. Insiders hold about 0.82% of the company’s shares, while institutions hold 21.30% stake in the company. Shares short for EH as of Aug 30, 2023 were 8.32M with a Short Ratio of 8.32M, compared to 8.04M on Jul 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 13.78% and a Short% of Float of 14.08%.

Earnings Estimates

The firm’s stock currently is rated by 1 analysts. The consensus estimate for the next quarter is -$0.15, with high estimates of -$0.15 and low estimates of -$0.15.

Analysts are recommending an EPS of between -$0.68 and -$0.68 for the fiscal current year, implying an average EPS of -$0.68. EPS for the following year is -$0.43, with 1 analysts recommending between -$0.43 and -$0.43.

Revenue Estimates

A total of 1 analysts have provided revenue estimates for EH’s current fiscal year. The highest revenue estimate was $14.48M, while the lowest revenue estimate was $14.48M, resulting in an average revenue estimate of $14.48M. In the same quarter a year ago, actual revenue was $6.42M, up 125.40% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $32.42M in the next fiscal year. The high estimate is $32.42M and the low estimate is $32.42M. The average revenue growth estimate for next year is up 123.90% from the average revenue estimate for this year.

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