The stock of EHang Holdings Ltd ADR (EH) has gone up by 1.39% for the week, with a -2.17% drop in the past month and a 98.64% rise in the past quarter. The volatility ratio for the week is 5.15%, and the volatility levels for the past 30 days are 7.04% for EH. The simple moving average for the past 20 days is 5.43% for EH’s stock, with a 17.23% simple moving average for the past 200 days.
Is It Worth Investing in EHang Holdings Ltd ADR (NASDAQ: EH) Right Now?
Moreover, the 36-month beta value for EH is 1.09. Analysts have varying opinions on the stock, 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 currently, short sellers hold a 13.49% of that float. On May 06, 2024, EH’s average trading volume was 1.45M shares.
EH) stock’s latest price update
The stock of EHang Holdings Ltd ADR (NASDAQ: EH) has increased by 8.98 when compared to last closing price of 17.38.Despite this, the company has seen a gain of 1.39% in its stock price over the last five trading days. InvestorPlace reported 2024-05-04 that Currently, China appears to be leading the way in flying car stocks. They’re seizing a sizable chunk of market share in the electric vehicle take-off and landing (eVTOL) sphere.
Analysts’ Opinion of EH
Goldman, on the other hand, stated in their research note that they expect to see EH reach a price target of $30.50. The rating they have provided for EH stocks is “Buy” according to the report published on October 16th, 2023.
Goldman gave a rating of “Neutral” to EH, setting the target price at $4 in the report published on October 27th of the previous year.
EH Trading at 17.17% 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 -26.53% of loss for the given period.
Volatility was left at 7.04%, however, over the last 30 days, the volatility rate increased by 5.15%, as shares sank -5.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +84.93% upper at present.
During the last 5 trading sessions, EH rose by +2.46%, which changed the moving average for the period of 200-days by +4.36% in comparison to the 20-day moving average, which settled at $17.91. In addition, EHang Holdings Ltd ADR saw 12.74% 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 72.68. 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 wrap up, the performance of EHang Holdings Ltd ADR (EH) has been better in recent times. The stock has received a mixed of “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.
