WeRide Inc. (NASDAQ:WRD - Get Free Report) was the recipient of some unusual options trading on Monday. Stock investors bought 3,199 call options on the company. This is an increase of approximately 201% compared to the typical daily volume of 1,064 call options.
WeRide Stock Performance
WRD traded down $0.36 during trading hours on Monday, hitting $6.99. The stock had a trading volume of 4,865,146 shares, compared to its average volume of 2,518,639. WeRide has a 1 year low of $6.03 and a 1 year high of $44.00. The firm's fifty day simple moving average is $12.87.
WeRide (NASDAQ:WRD - Get Free Report) last posted its earnings results on Friday, March 14th. The company reported ($0.29) earnings per share for the quarter. The firm had revenue of $19.29 million for the quarter. As a group, research analysts predict that WeRide will post -0.68 earnings per share for the current fiscal year.
Institutional Investors Weigh In On WeRide
An institutional investor recently bought a new position in WeRide stock. Concurrent Investment Advisors LLC acquired a new position in shares of WeRide Inc. (NASDAQ:WRD - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 14,776 shares of the company's stock, valued at approximately $201,000.
WeRide Company Profile
(
Get Free Report)
WeRide, Inc engages in the development of an autonomous driving technology platform. It offers Robotaxi, Robobus, Robovan, Robosweeper, and advanced driving solutions, providing smart services in online ride-hailing, on-demand transport, urban logistics, and environmental sanitation. The company was founded by Tony Xu Han and Yan Li in February 2017 and is headquartered in Guangzhou, China.
Further Reading
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