In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The closing price of EHang Holdings Ltd ADR (NASDAQ: EH) was $22.67 for the day, down -0.96% from the previous closing price of $22.89. In other words, the price has decreased by -$0.96 from its previous closing price. On the day, 1.23 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 20.64 while its Price-to-Book (P/B) ratio in mrq is 9.38.
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 $10.40. The 50-Day Moving Average of the stock is 19.35%, while the 200-Day Moving Average is calculated to be 43.93%.
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 32.08% stake in the company.
