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 closing price of WeRide Inc. ADR (NASDAQ: WRD) was $9.59 for the day, down -6.07% from the previous closing price of $10.21. In other words, the price has decreased by -$6.07 from its previous closing price. On the day, 24.55 million shares were traded.
Ratios:
Our analysis of WRD’s different ratios will help us gain a deeper understanding of the company. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 49.12 while its Price-to-Book (P/B) ratio in mrq is 2.73.
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 $6.03. The 50-Day Moving Average of the stock is -19.46%, while the 200-Day Moving Average is calculated to be -36.33%.
Shares Statistics:
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 0.63% stake in the company.
