WeRide (NASDAQ:WRD - Get Free Report) issued its earnings results on Wednesday. The company reported ($0.18) EPS for the quarter, Zacks reports.
WeRide Stock Performance
WeRide stock traded up $1.40 during midday trading on Wednesday, hitting $9.85. 18,113,862 shares of the company's stock were exchanged, compared to its average volume of 5,515,984. The business has a 50 day moving average price of $10.70. WeRide has a 12-month low of $6.03 and a 12-month high of $44.00.
Hedge Funds Weigh In On WeRide
An institutional investor recently bought a new position in WeRide stock. NewEdge Advisors LLC acquired a new stake in shares of WeRide Inc. (NASDAQ:WRD - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,960 shares of the company's stock, valued at approximately $27,000.
About WeRide
(
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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.
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