WeRide Inc. ADR (NASDAQ:WRD) does about 98.49K shares in volume on a normal day but saw 20893645 shares change hands in the recent trading day. The company now has a market cap of 8.07B USD. Its current market price is $31.50, marking an increase of 83.46% compared to the previous close of $17.17. The 52 week high reached by this stock is $22.69 whilst the lowest price level in 52 weeks is $12.22.
WeRide Inc. ADR (WRD) has a 20-day trading average at $15.76 and the current price is 38.83% off the 52-week high compared with 157.77% distance from its 52-week low. The 50-day simple moving average of the closing price is $15.12. If we look at the stock’s price movements over the week, volatility stands at 17.09%, which decreases to 9.74% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 89.03 to suggest the stock is overbought.
The consensus objective for the share price is $21.06, suggesting that the stock has a potential downside of -49.57% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on January 24, 2025 when JP Morgan initiated the stock to “Overweight” and issued a price target of $21.
The current price level is 99.87%, 108.29%, and 99.56% away from its SMA20, SMA50, and SMA200 respectively, with the WRD price moving below the 50-day SMA on current market day. WeRide Inc. ADR (WRD) stock is up 97.62% over the week and 152.81% over the past month. Its price is 122.14% year-to-date.
To reach the target analysts have set, the stock logically needs to shrink -49.57 percent from here.
Outstanding shares total 256.22M with insiders holding 2.43% of the shares and institutional holders owning 2.16% of the company’s common stock. The company has a return on investment of -43.86%. Price to sales ratio is 158.01.
