EHang Holdings Limited (NASDAQ:EH - Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $17.49, but opened at $16.41. EHang shares last traded at $16.40, with a volume of 1,081,725 shares traded.
EHang Stock Down 2.8 %
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 stock has a 50 day moving average price of $14.99 and a 200 day moving average price of $15.06. The company has a market cap of $989.91 million, a P/E ratio of -24.29 and a beta of 1.04.
EHang (NASDAQ:EH - Get Free Report) last posted its quarterly earnings data on Friday, March 15th. The company reported ($0.16) EPS for the quarter. The firm had revenue of $7.97 million during the quarter. EHang had a negative return on equity of 188.90% and a negative net margin of 257.09%.
Institutional Investors Weigh In On EHang
Institutional investors and hedge funds have recently modified their holdings of the stock. Jump Financial LLC purchased a new position in shares of EHang during the fourth quarter valued at $177,000. Aigen Investment Management LP purchased a new position in shares of EHang during the fourth quarter valued at $180,000. Dfpg Investments LLC grew its holdings in shares of EHang by 26.5% during the fourth quarter. Dfpg Investments LLC now owns 20,073 shares of the company's stock valued at $312,000 after buying an additional 4,205 shares in the last quarter. AdvisorShares Investments LLC purchased a new position in shares of EHang during the fourth quarter valued at $388,000. Finally, Nomura Holdings Inc. purchased a new position in shares of EHang during the fourth quarter valued at $396,000. 94.03% of the stock is owned by institutional investors and hedge funds.
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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