Shares of Pony AI Inc. (NASDAQ:PONY - Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $17.45, but opened at $16.75. Pony AI shares last traded at $14.44, with a volume of 19,270,074 shares.
Pony AI Stock Performance
The business has a 50 day moving average price of $11.44.
Pony AI (NASDAQ:PONY - Get Free Report) last issued its earnings results on Tuesday, May 20th. The company reported ($0.12) EPS for the quarter. The business had revenue of $13.98 million for the quarter. On average, analysts predict that Pony AI Inc. will post -0.38 earnings per share for the current year.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Pony AI during the 4th quarter worth $281,000. Barclays PLC bought a new stake in shares of Pony AI in the fourth quarter valued at about $212,000. Soros Fund Management LLC purchased a new stake in Pony AI in the fourth quarter worth about $12,718,000. Aspex Management HK Ltd bought a new position in Pony AI during the 4th quarter worth about $34,091,000. Finally, Squarepoint Ops LLC bought a new position in Pony AI during the 4th quarter worth about $691,000.
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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