The simple moving average for the past 20 days is -0.53% for PONY’s stock, with a -0.53% simple moving average for the past 200 days.
Is It Worth Investing in Pony AI Inc. ADR (NASDAQ: PONY) Right Now?
Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The average trading volume for PONY on December 26, 2024 was 1.35M shares.
PONY) stock’s latest price update
Pony AI Inc. ADR (NASDAQ: PONY)’s stock price has dropped by -9.52 in relation to previous closing price of 14.39. Nevertheless, the company has seen a gain of 4.12% in its stock price over the last five trading days. benzinga.com reported 2024-12-23 that Shares of autonomous driving technology leader Pony AI Inc PONY debuted on Nasdaq in November.
Analysts’ Opinion of PONY
Many brokerage firms have already submitted their reports for PONY stocks, with Goldman repeating the rating for PONY by listing it as a “Buy.” The predicted price for PONY in the upcoming period, according to Goldman is $19.60 based on the research report published on December 23, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see PONY reach a price target of $18. The rating they have provided for PONY stocks is “Buy” according to the report published on December 23rd, 2024.
PONY Trading at -0.53% from the 50-Day Moving Average
After a stumble in the market that brought PONY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.22% of loss for the given period.
During the last 5 trading sessions, PONY rose by +1.17%, in comparison to the 20-day moving average. In addition, Pony AI Inc. ADR saw 11.67% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for PONY
Equity return is now at value -16.90, with -15.50 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 13.45.
Conclusion
In conclusion, Pony AI Inc. ADR (PONY) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
