Pony AI Inc. - Sponsored ADR (NASDAQ:PONY - Get Free Report)'s share price traded up 7.5% during trading on Tuesday . The company traded as high as $14.23 and last traded at $13.84. 6,477,133 shares traded hands during mid-day trading, a decline of 16% from the average session volume of 7,678,201 shares. The stock had previously closed at $12.88.
Pony AI Price Performance
The business has a fifty day simple moving average of $14.61 and a 200 day simple moving average of $13.01.
Pony AI (NASDAQ:PONY - Get Free Report) last released its quarterly earnings results on Tuesday, May 20th. The company reported ($0.12) EPS for the quarter. The company had revenue of $13.98 million during the quarter. Equities research analysts expect that Pony AI Inc. - Sponsored ADR will post -0.38 EPS for the current year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. Pinpoint Asset Management Ltd purchased a new stake in shares of Pony AI during the fourth quarter valued at $108,000. Keystone Investors PTE Ltd. purchased a new stake in shares of Pony AI during the first quarter valued at $120,000. Barclays PLC purchased a new stake in shares of Pony AI during the fourth quarter valued at $212,000. Goldman Sachs Group Inc. purchased a new stake in Pony AI in the 1st quarter worth about $139,000. Finally, Washington University purchased a new stake in Pony AI in the 2nd quarter worth about $277,000.
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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