The stock of EHang Holdings Ltd ADR (EH) has seen a 6.89% increase in the past week, with a -13.83% drop in the past month, and a -22.82% decrease in the past quarter. The volatility ratio for the week is 4.95%, and the volatility levels for the past 30 days are at 4.56% for EH. The simple moving average for the last 20 days is -0.16% for EH’s stock, with a simple moving average of -5.98% for the last 200 days.
Is It Worth Investing in EHang Holdings Ltd ADR (NASDAQ: EH) Right Now?
Company’s 36-month beta value is 1.02.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for EH is 43.31M, and currently, short sellers hold a 16.48% ratio of that floaft. The average trading volume of EH on July 03, 2024 was 1.26M shares.
EH) stock’s latest price update
EHang Holdings Ltd ADR (NASDAQ: EH)’s stock price has gone rise by 5.88 in comparison to its previous close of 13.77, however, the company has experienced a 6.89% increase in its stock price over the last five trading days. investorplace.com reported 2024-07-03 that It’s time to buy some of the best flying car stocks on the cheap. If all goes well, the market for flying car stocks could become a trillion-dollar opportunity according to JPMorgan.
Analysts’ Opinion of EH
Many brokerage firms have already submitted their reports for EH stocks, with Morgan Stanley repeating the rating for EH by listing it as a “Overweight.” The predicted price for EH in the upcoming period, according to Morgan Stanley is $27.50 based on the research report published on May 06, 2024 of the current year 2024.
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 -10.74% 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 -43.44% of loss for the given period.
Volatility was left at 4.56%, however, over the last 30 days, the volatility rate increased by 4.95%, as shares sank -12.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.79% lower at present.
During the last 5 trading sessions, EH rose by +6.20%, which changed the moving average for the period of 200-days by -12.48% in comparison to the 20-day moving average, which settled at $14.50. In addition, EHang Holdings Ltd ADR saw -13.21% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for EH
Current profitability levels for the company are sitting at:
- -1.82 for the present operating margin
- 0.63 for the gross margin
The net margin for EHang Holdings Ltd ADR stands at -1.77. The total capital return value is set at -0.77. Equity return is now at value -197.52, with -50.67 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 0.37. The debt to equity ratio resting at 0.75. The interest coverage ratio of the stock is -93.12.
Currently, EBITDA for the company is -264.66 million with net debt to EBITDA at 0.33. When we switch over and look at the enterprise to sales, we see a ratio of 43.18. The receivables turnover for the company is 7.22for trailing twelve months and the total asset turnover is 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.97.
Conclusion
In a nutshell, EHang Holdings Ltd ADR (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.
