The stock has a 36-month beta value of 1.46. Opinions on the stock are mixed, with 6 analysts rating it as a “buy,” 4 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for HSAI is 80.47M, and at present, short sellers hold a 3.85% of that float. On November 26, 2024, the average trading volume of HSAI was 523.61K shares.
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HSAI) stock’s latest price update
Hesai Group ADR (NASDAQ: HSAI)’s stock price has plunge by 55.88relation to previous closing price of 4.75. Nevertheless, the company has seen a 71.80% surge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-26 that Hesai Group (NASDAQ:HSAI ) Q3 2024 Results Conference Call November 25, 2024 8:00 PM ET Company Participants Yuanting Shi – Investor Relations David Li – Co-Founder & CEO Andrew Fan – CFO Conference Call Participants Cindy Huang – Morgan Stanley Tina Hou – Goldman Sachs Zhang Yu – Huatai Securities Olivia Zhang – HTI Operator Hello, ladies and gentlemen. Thank you for standing by.
HSAI’s Market Performance
Hesai Group ADR (HSAI) has seen a 71.80% rise in stock performance for the week, with a 54.91% gain in the past month and a 95.37% surge in the past quarter. The volatility ratio for the week is 5.23%, and the volatility levels for the past 30 days are at 4.98% for HSAI. The simple moving average for the past 20 days is 60.85% for HSAI’s stock, with a 63.25% simple moving average for the past 200 days.
Analysts’ Opinion of HSAI
Many brokerage firms have already submitted their reports for HSAI stocks, with Citigroup repeating the rating for HSAI by listing it as a “Buy.” The predicted price for HSAI in the upcoming period, according to Citigroup is $12.90 based on the research report published on September 26, 2023 of the previous year 2023.
BofA Securities, on the other hand, stated in their research note that they expect to see HSAI reach a price target of $14.80. The rating they have provided for HSAI stocks is “Buy” according to the report published on September 22nd, 2023.
Goldman gave a rating of “Neutral” to HSAI, setting the target price at $12.40 in the report published on August 18th of the previous year.
HSAI Trading at 59.19% from the 50-Day Moving Average
After a stumble in the market that brought HSAI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.89% of loss for the given period.
Volatility was left at 4.98%, however, over the last 30 days, the volatility rate increased by 5.23%, as shares surge +44.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +67.75% upper at present.
During the last 5 trading sessions, HSAI rose by +55.68%, which changed the moving average for the period of 200-days by +62.86% in comparison to the 20-day moving average, which settled at $4.57. In addition, Hesai Group ADR saw -16.90% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for HSAI
Current profitability levels for the company are sitting at:
- -0.31 for the present operating margin
- 0.39 for the gross margin
The net margin for Hesai Group ADR stands at -0.25. The total capital return value is set at -0.13. Equity return is now at value -11.00, with -8.07 for asset returns.
The debt to equity ratio resting at 0.14. The interest coverage ratio of the stock is -74.07.
Currently, EBITDA for the company is -385.93 million with net debt to EBITDA at 3.52. When we switch over and look at the enterprise to sales, we see a ratio of 3.16. The receivables turnover for the company is 2.52for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.16.
Conclusion
To sum up, Hesai Group ADR (HSAI) 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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
