WeRide Inc. (NASDAQ:WRD - Get Free Report) shares saw an uptick in trading volume on Tuesday . 2,568,496 shares changed hands during trading, an increase of 16% from the previous session's volume of 2,215,002 shares.The stock last traded at $6.66 and had previously closed at $6.65.
WeRide Stock Performance
The stock has a 50 day moving average of $13.17.
WeRide (NASDAQ:WRD - Get Free Report) last issued its earnings results on Friday, March 14th. The company reported ($0.29) earnings per share for the quarter. The company had revenue of $19.29 million during the quarter. On average, analysts predict that WeRide Inc. will post -0.68 earnings per share for the current fiscal year.
Institutional Trading of WeRide
A hedge fund recently bought a new stake in WeRide stock. Concurrent Investment Advisors LLC acquired a new position in shares of WeRide Inc. (NASDAQ:WRD - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 14,776 shares of the company's stock, valued at approximately $201,000.
About WeRide
(
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.
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