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 price of Hesai Group ADR (NASDAQ: HSAI) closed at $15.44 in the last session, down -3.50% from day before closing price of $16.00. In other words, the price has decreased by -$3.50 from its previous closing price. On the day, 1.22 million shares were traded. HSAI stock price reached its highest trading level at $16.15 during the session, while it also had its lowest trading level at $15.3.
Ratios:
We take a closer look at HSAI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.65 and its Current Ratio is at 3.08. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.10.
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on January 14, 2025, Upgraded its rating to Buy and sets its target price to $18.40 from $5.50 previously.
On January 13, 2025, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also upped its target price recommendation from $5.80 to $15.
On September 26, 2023, Citigroup started tracking the stock assigning a Buy rating and target price of $12.90.Citigroup initiated its Buy rating on September 26, 2023, with a $12.90 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, HSAI now has a Market Capitalization of 1968260224 and an Enterprise Value of -1524073088. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.65 while its Price-to-Book (P/B) ratio in mrq is 3.44. Its current Enterprise Value per Revenue stands at -0.835 whereas that against EBITDA is 3.301.
Stock Price History:
The Beta on a monthly basis for HSAI is 1.31, which has changed by 3.068511 over the last 52 weeks, in comparison to a change of 0.22208416 over the same period for the S&P500. Over the past 52 weeks, HSAI has reached a high of $16.79, while it has fallen to a 52-week low of $3.28. The 50-Day Moving Average of the stock is 30.07%, while the 200-Day Moving Average is calculated to be 143.80%.
Shares Statistics:
According to the various share statistics, HSAI traded on average about 3.01M shares per day over the past 3-months and 1845610 shares per day over the past 10 days. A total of 97.44M shares are outstanding, with a floating share count of 80.47M. Insiders hold about 17.42% of the company’s shares, while institutions hold 14.18% stake in the company. Shares short for HSAI as of 1730332800 were 3095073 with a Short Ratio of 0.29, compared to 1727654400 on 3079619. Therefore, it implies a Short% of Shares Outstanding of 3095073 and a Short% of Float of 3.6700000000000004.
