Pony AI Inc. - Sponsored ADR (NASDAQ:PONY - Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $13.20, but opened at $12.70. Pony AI shares last traded at $12.42, with a volume of 2,109,573 shares trading hands.
Pony AI Stock Performance
The business has a 50-day moving average of $14.36 and a two-hundred day moving average of $13.09.
Pony AI (NASDAQ:PONY - Get Free Report) last announced its quarterly earnings data on Tuesday, May 20th. The company reported ($0.12) EPS for the quarter. The business had revenue of $13.98 million during the quarter. Analysts anticipate that Pony AI Inc. - Sponsored ADR will post -0.38 EPS for the current year.
Institutional Investors Weigh In On Pony AI
Institutional investors and hedge funds have recently bought and sold shares of the business. Toyota Motor Corp acquired a new stake in shares of Pony AI during the 4th quarter valued at about $647,421,000. Ontario Teachers Pension Plan Board bought a new position in Pony AI during the fourth quarter worth about $310,559,000. Aspex Management HK Ltd acquired a new stake in Pony AI during the fourth quarter valued at approximately $34,091,000. Carlyle Group Inc. bought a new stake in shares of Pony AI in the 4th quarter valued at approximately $33,901,000. Finally, Wellington Management Group LLP acquired a new position in shares of Pony AI in the 4th quarter worth approximately $19,334,000.
Pony AI Company Profile
(
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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