The stock has a 36-month beta value of 1.10. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for EH is 43.10M, and at present, short sellers hold a 14.28% of that float. On April 24, 2024, the average trading volume of EH was 1.40M shares.
EH) stock’s latest price update
EHang Holdings Ltd ADR (NASDAQ: EH) has experienced a decline in its stock price by -0.81 compared to its previous closing price of 17.35. However, the company has seen a fall of -0.58% in its stock price over the last five trading days. InvestorPlace reported 2024-04-24 that When Tesla (NASDAQ: TSLA ) stock got listed, the story was shrouded by skepticism. There were doubts on the industry growth and the company’s ability to move over a massive cash burn.
EH’s Market Performance
EHang Holdings Ltd ADR (EH) has experienced a -0.58% fall in stock performance for the past week, with a -1.77% drop in the past month, and a 44.26% rise in the past quarter. The volatility ratio for the week is 7.26%, and the volatility levels for the past 30 days are at 7.92% for EH. The simple moving average for the last 20 days is -6.27% for EH’s stock, with a simple moving average of 6.84% for the last 200 days.
Analysts’ Opinion of EH
Many brokerage firms have already submitted their reports for EH stocks, with Goldman repeating the rating for EH by listing it as a “Buy.” The predicted price for EH in the upcoming period, according to Goldman is $30.50 based on the research report published on October 16, 2023 of the previous year 2023.
Goldman, on the other hand, stated in their research note that they expect to see EH reach a price target of $4. The rating they have provided for EH stocks is “Neutral” according to the report published on October 27th, 2022.
Morgan Stanley gave a rating of “Equal-Weight” to EH, setting the target price at $23 in the report published on October 19th of the previous year.
EH Trading at 15.29% 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 -33.24% of loss for the given period.
Volatility was left at 7.92%, however, over the last 30 days, the volatility rate increased by 7.26%, as shares sank -0.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +60.34% upper at present.
During the last 5 trading sessions, EH fell by -0.14%, which changed the moving average for the period of 200-days by +5.53% in comparison to the 20-day moving average, which settled at $18.36. In addition, EHang Holdings Ltd ADR saw 2.44% 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:
- -2.52 for the present operating margin
- 0.64 for the gross margin
The net margin for EHang Holdings Ltd ADR stands at -2.57. The total capital return value is set at -0.85. Equity return is now at value -177.86, with -53.12 for asset returns.
Based on EHang Holdings Ltd ADR (EH), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.62. The debt to equity ratio resting at 0.76. The interest coverage ratio of the stock is -19.81.
Currently, EBITDA for the company is -264.66 million with net debt to EBITDA at 0.23. When we switch over and look at the enterprise to sales, we see a ratio of 66.31. The receivables turnover for the company is 2.55for trailing twelve months and the total asset turnover is 0.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.81.
Conclusion
To sum up, EHang Holdings Ltd ADR (EH) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. 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.
