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The closing price of Hesai Group ADR (NASDAQ: HSAI) was $17.73 for the day, down -9.68% from the previous closing price of $19.63. In other words, the price has decreased by -$9.68 from its previous closing price. On the day, 5.54 million shares were traded.
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 2.65 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.
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 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 6.49 while its Price-to-Book (P/B) ratio in mrq is 3.95.
Stock Price History:
Over the past 52 weeks, HSAI has reached a high of $20.18, while it has fallen to a 52-week low of $3.52. The 50-Day Moving Average of the stock is 18.65%, while the 200-Day Moving Average is calculated to be 143.15%.
Shares Statistics:
A total of 97.44M shares are outstanding, with a floating share count of 64.82M. Insiders hold about 33.48% of the company’s shares, while institutions hold 17.97% stake in the company.
