EHang Sees Unusually High Options Volume (NASDAQ:EH)

Key Points

• Traders bought 18,791 call options on EHang on Friday, a 1,178% increase versus the average of 1,470 calls, signaling unusually heavy bullish options activity.
• Analyst coverage is mixed—three Buys, one Hold, one Sell—with an average rating of Hold and an average price target of $22.47.
• Shares trade around $10.14 (near the 52‑week low of $9.06) with a market cap of about $728.7M, and institutional investors own roughly 94.03% of the stock.

EHang Holdings Limited Unsponsored ADR (NASDAQ:EH - Get Free Report) was the recipient of some unusual options trading activity on Friday. Traders bought 18,791 call options on the company. This is an increase of 1,178% compared to the average volume of 1,470 call options.

Analyst Upgrades and Downgrades

EH has been the subject of a number of recent research reports. Bank of America reiterated a "buy" rating on shares of EHang in a research note on Thursday, March 12th. Weiss Ratings reiterated a "sell (d-)" rating on shares of EHang in a research note on Monday. Finally, Wall Street Zen upgraded shares of EHang from a "sell" rating to a "hold" rating in a research note on Saturday, March 28th. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, EHang has an average rating of "Hold" and an average price target of $22.47.

Institutional Trading of EHang

Hedge funds have recently made changes to their positions in the company. Leonteq Securities AG acquired a new stake in shares of EHang in the 4th quarter worth $26,000. Legal & General Group Plc lifted its stake in shares of EHang by 171.7% in the 2nd quarter. Legal & General Group Plc now owns 3,380 shares of the company's stock worth $59,000 after acquiring an additional 2,136 shares during the period. Daiwa Securities Group Inc. lifted its stake in shares of EHang by 47.6% in the 4th quarter. Daiwa Securities Group Inc. now owns 4,816 shares of the company's stock worth $63,000 after acquiring an additional 1,553 shares during the period. Advisory Services Network LLC acquired a new stake in shares of EHang in the 3rd quarter worth $117,000. Finally, JPMorgan Chase & Co. lifted its stake in shares of EHang by 10.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,292 shares of the company's stock worth $127,000 after acquiring an additional 671 shares during the period. Institutional investors and hedge funds own 94.03% of the company's stock.

EHang Stock Performance

Shares of EH stock traded down $0.23 during mid-day trading on Friday, hitting $10.14. The stock had a trading volume of 457,906 shares, compared to its average volume of 630,149. EHang has a fifty-two week low of $9.06 and a fifty-two week high of $20.85. The firm has a market cap of $728.68 million, a PE ratio of -23.04 and a beta of 1.11. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.12 and a quick ratio of 1.98. The company's 50-day simple moving average is $11.22 and its 200-day simple moving average is $13.58.

EHang Company Profile

EHang Holdings Limited is a China-based technology company specializing in the development and manufacturing of autonomous aerial vehicles (AAVs) for passenger transportation, logistics, and other commercial applications. Established in 2014 and listed on NASDAQ under the ticker EH in 2019, EHang focuses on delivering turnkey solutions that integrate hardware, flight control systems and a cloud-based operating platform. Its flagship products include the EH216 series passenger AAV and the Falcon series unmanned aerial vehicles, designed to support urban air mobility, aerial filming, emergency response and short-range cargo delivery.

The company's business model encompasses research and development, manufacturing, certification support, and operations services.

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