Pony AI Inc. (NASDAQ:PONY - Get Free Report)'s share price gapped down prior to trading on Thursday . The stock had previously closed at $17.29, but opened at $16.76. Pony AI shares last traded at $17.84, with a volume of 1,715,626 shares trading hands.
Pony AI Stock Performance
The company's 50 day moving average is $10.64.
Pony AI (NASDAQ:PONY - Get Free Report) last posted its quarterly earnings results on Tuesday, May 20th. The company reported ($0.12) earnings per share for the quarter. The firm had revenue of $13.98 million for the quarter. Analysts anticipate that Pony AI Inc. will post -0.38 earnings per share for the current year.
Institutional Trading of Pony AI
Hedge funds have recently made changes to their positions in the company. Pinpoint Asset Management Ltd purchased a new position in shares of Pony AI during the 4th quarter worth approximately $108,000. Keystone Investors PTE Ltd. purchased a new position in shares of Pony AI during the 1st quarter worth approximately $120,000. Barclays PLC purchased a new position in shares of Pony AI during the 4th quarter worth approximately $212,000. Goldman Sachs Group Inc. purchased a new position in shares of Pony AI during the 1st quarter worth approximately $139,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Pony AI during the 4th quarter worth approximately $281,000.
About Pony AI
(
Get Free Report)
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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