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The closing price of Hesai Group ADR (NASDAQ: HSAI) was $5.03 for the day, down -6.25% from the previous closing price of $5.36. In other words, the price has decreased by -$6.25 from its previous closing price. On the day, 0.56 million shares were traded. HSAI stock price reached its highest trading level at $5.1707 during the session, while it also had its lowest trading level at $4.885.
Ratios:
Our analysis of HSAI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.68 and its Current Ratio is at 3.16. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.11.
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, Citigroup on September 26, 2023, initiated with a Buy rating and assigned the stock a target price of $12.90.
On September 22, 2023, BofA Securities started tracking the stock assigning a Buy rating and target price of $14.80.
Goldman Downgraded its Buy to Neutral on August 18, 2023, whereas the target price for the stock was revised from $25 to $12.40.
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 640576960 and an Enterprise Value of -1488576128. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.94 while its Price-to-Book (P/B) ratio in mrq is 1.14. Its current Enterprise Value per Revenue stands at -0.816 whereas that against EBITDA is 3.224.
Stock Price History:
Over the past 52 weeks, HSAI has reached a high of $11.55, while it has fallen to a 52-week low of $3.28. The 50-Day Moving Average of the stock is 18.67%, while the 200-Day Moving Average is calculated to be 3.56%.
Shares Statistics:
HSAI traded an average of 573.85K shares per day over the past three months and 1123850 shares per day over the past ten days. A total of 97.00M shares are outstanding, with a floating share count of 80.47M. Insiders hold about 17.42% of the company’s shares, while institutions hold 14.89% stake in the company. Shares short for HSAI as of 1727654400 were 3079619 with a Short Ratio of 5.37, compared to 1724976000 on 3279899. Therefore, it implies a Short% of Shares Outstanding of 3079619 and a Short% of Float of 3.65.
