Shares of EHang Holdings Limited (NASDAQ:EH – Get Rating) rose 16.1% during trading on Friday . The stock traded as high as $15.19 and last traded at $15.12. Approximately 29,232 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 1,818,011 shares. The stock had previously closed at $13.02.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group initiated coverage on EHang in a research report on Thursday, October 27th. They issued a “neutral” rating and a $4.00 target price for the company.
EHang Price Performance
The stock has a fifty day moving average of $7.22 and a 200-day moving average of $6.55. The company has a quick ratio of 1.56, a current ratio of 1.98 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $961.55 million, a P/E ratio of -19.64 and a beta of 0.29.
Institutional Trading of EHang
EHang Company Profile
EHang Holdings Limited operates as an autonomous aerial vehicle (AAV) technology platform company in the People's Republic of China, East Asia, Europe, and internationally. It designs, develops, manufactures, sells, and operates AAVs, as well as their supporting systems and infrastructure for various industries and applications, including passenger transportation, logistics, smart city management, and aerial media solutions.
- Get a free copy of the StockNews.com research report on EHang (EH)
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