EHang Holdings Limited (NASDAQ:EH) Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. boosted its position in EHang Holdings Limited (NASDAQ:EH) by 1.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,549,512 shares of the company’s stock after buying an additional 24,121 shares during the period. Vanguard Group Inc.’s holdings in EHang were worth $27,922,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EH. Tower Research Capital LLC TRC raised its position in EHang by 290.4% during the third quarter. Tower Research Capital LLC TRC now owns 1,382 shares of the company’s stock worth $25,000 after acquiring an additional 1,028 shares during the last quarter. Itau Unibanco Holding S.A. raised its position in shares of EHang by 60.0% during the 2nd quarter. Itau Unibanco Holding S.A. now owns 1,934 shares of the company’s stock worth $29,000 after purchasing an additional 725 shares during the last quarter. US Bancorp DE purchased a new stake in EHang in the 2nd quarter valued at approximately $37,000. Credit Suisse AG acquired a new stake in EHang during the 2nd quarter valued at $47,000. Finally, Cubist Systematic Strategies LLC purchased a new position in EHang during the third quarter worth $85,000. 94.03% of the stock is owned by institutional investors and hedge funds.

EHang Stock Down 9.0 %

Shares of NASDAQ:EH opened at $16.89 on Friday. The company has a quick ratio of 1.57, a current ratio of 1.81 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $983.50 million, a P/E ratio of -24.13 and a beta of 1.04. EHang Holdings Limited has a 52-week low of $9.50 and a 52-week high of $25.78. The stock’s fifty day simple moving average is $14.18 and its 200-day simple moving average is $15.10.

EHang (NASDAQ:EH) last announced its earnings results on Friday, March 15th. The company reported ($0.16) earnings per share for the quarter. EHang had a negative net margin of 257.09% and a negative return on equity of 188.90%. The firm had revenue of $7.97 million during the quarter.

EHang Profile

EHang Holdings Limited operates as an autonomous aerial vehicle (AAV) technology platform company in the People's Republic of China, East Asia, West 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.