EHang Holdings Limited (NASDAQ: EH) has seen a decline in its stock price by -5.60 in relation to its previous close of 11.24. However, the company has experienced a -7.82% decline in its stock price over the last five trading sessions.
Is It Worth Investing in EHang Holdings Limited (NASDAQ: EH) Right Now?
while the 36-month beta value is 0.56.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The average price point forecasted by analysts for EHang Holdings Limited (EH) is $31.42, which is -$6.05 below the current market price. The public float for EH is 40.54M, and currently, short sellers hold a 21.64% ratio of that floaft. The average trading volume of EH on May 25, 2023 was 597.14K shares.
EH’s Market Performance
EH’s stock has seen a -7.82% decrease for the week, with a 3.61% rise in the past month and a -1.76% fall in the past quarter. The volatility ratio for the week is 5.02%, and the volatility levels for the past 30 days are at 5.90% for EHang Holdings Limited The simple moving average for the past 20 days is -4.28% for EH’s stock, with a 25.56% simple moving average for the past 200 days.
EH Trading at 0.46% from the 50-Day Moving Average
After a stumble in the market that brought EH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.53% of loss for the given period.
Volatility was left at 5.90%, however, over the last 30 days, the volatility rate increased by 5.02%, as shares surge +2.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.23% upper at present.
During the last 5 trading sessions, EH fell by -7.82%, which changed the moving average for the period of 200-days by +38.51% in comparison to the 20-day moving average, which settled at $11.10. In addition, EHang Holdings Limited saw 23.66% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for EH
Current profitability levels for the company are sitting at:
- -699.61 for the present operating margin
- +42.36 for the gross margin
The net margin for EHang Holdings Limited stands at -740.62. Equity return is now at value -159.30, with -65.80 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.37.
Conclusion
In a nutshell, EHang Holdings Limited (EH) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
