It’s Not A Fantasy To Think That WeRide Inc. ADR (WRD) Has Big Future Potential

WeRide Inc. ADR (NASDAQ:WRD) currently has a daily average trading volume of 1.80M but it saw 1467804 shares traded in last market. With a market cap of 3.95B USD, the company’s current market price of $15.36 came rising about 2.74 while comparing to the previous closing price of $14.95. In past 52 weeks, the stock remained buoying in the range of price level as high as $44.00 and as low as $12.22. In the recent trading on the day, stock has struck highest price mark of $14.2 while lowest mark touched by it was $15.6399.

Taking a look at 20-day trading activity of WeRide Inc. ADR (WRD) gives us an average price of $16.73, while its current price level is -65.09% below from 52-week high level whereas it is 25.70% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $17.82. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.76% during that period while stretching the period over a month that increases to 9.86%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 42.78 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the JP Morgan which initiated the stock as “Overweight” in its note to investors issued on January 24, 2025, recommending a price target of $21 for it.

Over the week, WRD’s stock price is moving -3.76% down while it is -34.19% when we observe its performance for the past one month. Year-to-date it is 8.32% up and over the past year.

The company is expected to be releasing its next quarterly report in April, for which analysts forecasted an EPS of 0 while estimate for next year EPS is -1.57.

Currently, WeRide Inc. ADR’s total number of outstanding shares is 257.13M with 2.34% of that held by the insiders while 2.08% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -35.77% and return on equity (ROE) at -130.17%. Stock has a price to book (P/B) ratio of 4.37 while price to sale or P/S ratio amounts to 78.68. Its return on asset (ROA) is -37.92% on average.