EHang Holdings Limited (NASDAQ:EH - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $17.35, but opened at $18.10. EHang shares last traded at $17.90, with a volume of 360,776 shares.
EHang Stock Up 0.7 %
The stock has a fifty day simple moving average of $15.29 and a two-hundred day simple moving average of $15.08. The firm has a market cap of $1.02 billion, a PE ratio of -24.97 and a beta of 1.04. The company has a current ratio of 1.81, a quick ratio of 1.57 and a debt-to-equity ratio of 0.04.
EHang (NASDAQ:EH - Get Free Report) last issued its quarterly earnings data on Friday, March 15th. The company reported ($0.16) EPS for the quarter. EHang had a negative net margin of 257.09% and a negative return on equity of 188.90%. The firm had revenue of $7.97 million for the quarter.
Institutional Investors Weigh In On EHang
A number of institutional investors have recently made changes to their positions in EH. Dfpg Investments LLC boosted its position in shares of EHang by 26.5% in the 4th quarter. Dfpg Investments LLC now owns 20,073 shares of the company's stock worth $312,000 after purchasing an additional 4,205 shares in the last quarter. California Public Employees Retirement System boosted its holdings in EHang by 6.0% in the third quarter. California Public Employees Retirement System now owns 76,060 shares of the company's stock worth $1,371,000 after acquiring an additional 4,275 shares in the last quarter. Jump Financial LLC purchased a new stake in shares of EHang in the fourth quarter worth $177,000. Aigen Investment Management LP bought a new position in shares of EHang during the fourth quarter valued at $180,000. Finally, Hennion & Walsh Asset Management Inc. raised its position in shares of EHang by 79.7% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 33,166 shares of the company's stock worth $682,000 after purchasing an additional 14,705 shares during the last quarter. Hedge funds and other institutional investors own 94.03% of the company's stock.
EHang Company Profile
(
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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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