WeRide Inc. ADR (NASDAQ:WRD) does about 749.40K shares in volume on a normal day but saw 5154862 shares change hands in the recent trading day. The company now has a market cap of 6.26B USD. Its current market price is $24.42, marking a decrease of -11.49% compared to the previous close of $27.59. The 52 week high reached by this stock is $44.00 whilst the lowest price level in 52 weeks is $12.22.
WeRide Inc. ADR (WRD) has a 20-day trading average at $19.36 and the current price is -44.50% off the 52-week high compared with 99.84% distance from its 52-week low. The 50-day simple moving average of the closing price is $16.32. If we look at the stock’s price movements over the week, volatility stands at 27.02%, which decreases to 12.30% 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 56.31 to suggest the stock is neutral.
The consensus objective for the share price is $21.06, suggesting that the stock has a potential downside of -15.95% 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 26.15%, 49.68%, and 47.32% 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 42.22% over the week and 75.56% over the past month. Its price is 72.21% year-to-date.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and -3.29 for whole year.
To reach the target analysts have set, the stock logically needs to shrink -15.95 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 122.49.
