EHang Holdings Limited (NASDAQ:EH - Get Free Report)'s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $16.37, but opened at $15.70. EHang shares last traded at $15.94, with a volume of 309,581 shares trading hands.
EHang Trading Down 0.1 %
The stock has a fifty day moving average of $14.43 and a 200 day moving average of $15.05. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.57 and a current ratio of 1.81. The company has a market capitalization of $952.61 million, a PE ratio of -23.37 and a beta of 1.04.
EHang (NASDAQ:EH - Get Free Report) last posted its quarterly earnings results on Friday, March 15th. The company reported ($0.16) EPS for the quarter. EHang had a negative return on equity of 188.90% and a negative net margin of 257.09%. The business had revenue of $7.97 million during the quarter.
Hedge Funds Weigh In On EHang
Several large investors have recently modified their holdings of the stock. Itau Unibanco Holding S.A. increased 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 valued at $29,000 after purchasing an additional 725 shares during the last quarter. Tower Research Capital LLC TRC grew its position in EHang by 290.4% in the 3rd quarter. Tower Research Capital LLC TRC now owns 1,382 shares of the company's stock valued at $25,000 after acquiring an additional 1,028 shares during the last quarter. Geode Capital Management LLC grew its position in EHang by 6.7% in the 1st quarter. Geode Capital Management LLC now owns 18,331 shares of the company's stock valued at $200,000 after acquiring an additional 1,145 shares during the last quarter. Invesco Ltd. grew its position in EHang by 4.1% in the 3rd quarter. Invesco Ltd. now owns 35,318 shares of the company's stock valued at $636,000 after acquiring an additional 1,397 shares during the last quarter. Finally, US Bancorp DE bought a new position in EHang in the 2nd quarter valued at $37,000. Institutional investors own 94.03% of the company's stock.
About EHang
(
Get Free Report)
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.
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