Market Insight: WeRide Inc. ADR (WRD)’s Notable Drop, Closing at 8.23

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

In the latest session, WeRide Inc. ADR (NASDAQ: WRD) closed at $8.23 down -4.64% from its previous closing price of $8.63. In other words, the price has decreased by -$4.64 from its previous closing price. On the day, 0.91 million shares were traded. WRD stock price reached its highest trading level at $8.9 during the session, while it also had its lowest trading level at $8.19.

Ratios:

For a deeper understanding of WeRide Inc. ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 13.06 and its Current Ratio is at 13.43. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.

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, JP Morgan on January 24, 2025, initiated with a Overweight rating and assigned the stock a target price of $21.

On November 19, 2024, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $23.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WRD now has a Market Capitalization of 2266583040 and an Enterprise Value of 594442688. For the stock, the TTM Price-to-Sale (P/S) ratio is 42.15 while its Price-to-Book (P/B) ratio in mrq is 2.34. Its current Enterprise Value per Revenue stands at 1.646 whereas that against EBITDA is -0.28.

Stock Price History:

Over the past 52 weeks, WRD has reached a high of $44.00, while it has fallen to a 52-week low of $8.53. The 50-Day Moving Average of the stock is -51.31%, while the 200-Day Moving Average is calculated to be -48.88%.

Shares Statistics:

For the past three months, WRD has traded an average of 2.06M shares per day and 1523760 over the past ten days. A total of 257.13M shares are outstanding, with a floating share count of 245.71M. Insiders hold about 4.44% of the company’s shares, while institutions hold 0.17% stake in the company. Shares short for WRD as of 1743379200 were 1229415 with a Short Ratio of 0.60, compared to 1740700800 on 303631. Therefore, it implies a Short% of Shares Outstanding of 1229415 and a Short% of Float of 0.62.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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