Axim Planning & Wealth boosted its position in EHang Holdings Limited (NASDAQ:EH - Free Report) by 4.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,902,410 shares of the company's stock after buying an additional 155,494 shares during the period. EHang makes up about 60.0% of Axim Planning & Wealth's holdings, making the stock its biggest position. Axim Planning & Wealth owned approximately 6.70% of EHang worth $65,560,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of EH. Itau Unibanco Holding S.A. boosted 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 worth $29,000 after purchasing an additional 725 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in shares of EHang by 290.4% during the 3rd quarter. Tower Research Capital LLC TRC now owns 1,382 shares of the company's stock worth $25,000 after purchasing an additional 1,028 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of EHang by 6.7% during the 1st quarter. Geode Capital Management LLC now owns 18,331 shares of the company's stock worth $200,000 after purchasing an additional 1,145 shares in the last quarter. Invesco Ltd. boosted its position in shares of EHang by 4.1% during the 3rd quarter. Invesco Ltd. now owns 35,318 shares of the company's stock worth $636,000 after purchasing an additional 1,397 shares in the last quarter. Finally, US Bancorp DE purchased a new stake in shares of EHang during the 2nd quarter worth $37,000. 94.03% of the stock is currently owned by hedge funds and other institutional investors.
EHang Price Performance
Shares of NASDAQ EH traded up $0.94 during trading on Monday, hitting $20.30. 3,279,920 shares of the company were exchanged, compared to its average volume of 1,192,124. The company has a market cap of $1.18 billion, a price-to-earnings ratio of -29.90 and a beta of 1.04. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.81 and a quick ratio of 1.57. EHang Holdings Limited has a 1 year low of $9.50 and a 1 year high of $25.78. The firm's fifty day moving average price is $13.35 and its 200 day moving average price is $15.01.
EHang (NASDAQ:EH - Get Free Report) last released its quarterly earnings results on Friday, March 15th. The company reported ($0.16) earnings per share (EPS) for the quarter. The firm had revenue of $7.97 million for the quarter. EHang had a negative return on equity of 188.90% and a negative net margin of 257.09%.
EHang Company Profile
(
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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