Pony AI Inc. (NASDAQ:PONY - Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 7,833,982 shares traded hands during trading, an increase of 19% from the previous session's volume of 6,610,729 shares.The stock last traded at $17.03 and had previously closed at $19.26.
Pony AI Trading Up 2.6%
The business has a 50-day simple moving average of $11.44.
Pony AI (NASDAQ:PONY - Get Free Report) last released its quarterly earnings results on Tuesday, May 20th. The company reported ($0.12) earnings per share (EPS) for the quarter. The company had revenue of $13.98 million during the quarter. As a group, equities analysts predict that Pony AI Inc. will post -0.38 EPS for the current fiscal year.
Institutional Trading of Pony AI
Several institutional investors have recently added to or reduced their stakes in PONY. Pinpoint Asset Management Ltd bought a new stake in shares of Pony AI during the 4th quarter valued at $108,000. Keystone Investors PTE Ltd. acquired a new stake in shares of Pony AI in the first quarter valued at about $120,000. Goldman Sachs Group Inc. acquired a new stake in shares of Pony AI in the first quarter valued at about $139,000. Barclays PLC acquired a new stake in Pony AI during the fourth quarter worth approximately $212,000. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in Pony AI during the first quarter worth approximately $229,000.
About Pony AI
(
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Pony AI Inc, through its subsidiaries, engages in the autonomous mobility principally in the People's Republic of China and the United States. The company provides robotruck services, such as transportation services to the logistics platforms. Pony AI Inc is based in Guangzhou, the People's Republic of China.
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