Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of EHang Holdings Ltd ADR (NASDAQ: EH) closed at $15.99 in the last session, up 3.70% from day before closing price of $15.42. In other words, the price has increased by $3.70 from its previous closing price. On the day, 1.91 million shares were traded. EH stock price reached its highest trading level at $16.45 during the session, while it also had its lowest trading level at $15.62.
Ratios:
We take a closer look at EH’s different ratios to gain a better understanding of the stock. 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:
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 1016255616 and an Enterprise Value of 1527066368. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.56 while its Price-to-Book (P/B) ratio in mrq is 6.62. Its current Enterprise Value per Revenue stands at 6.134 whereas that against EBITDA is -5.592.
Stock Price History:
The Beta on a monthly basis for EH is 0.94, which has changed by 0.035594344 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, EH has reached a high of $22.98, while it has fallen to a 52-week low of $9.51. The 50-Day Moving Average of the stock is 1.09%, while the 200-Day Moving Average is calculated to be 3.54%.
Shares Statistics:
According to the various share statistics, EH traded on average about 2.19M shares per day over the past 3-months and 1927560 shares per day over the past 10 days. 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 29.12% stake in the company. Shares short for EH as of 1730332800 were 5853009 with a Short Ratio of 2.97, compared to 1727654400 on 6427439. Therefore, it implies a Short% of Shares Outstanding of 5853009 and a Short% of Float of 13.420000000000002.
