WeRide Inc. (NASDAQ:WRD - Get Free Report) saw strong trading volume on Monday . 1,621,843 shares traded hands during mid-day trading, a decline of 8% from the previous session's volume of 1,770,969 shares.The stock last traded at $8.62 and had previously closed at $8.23.
WeRide Price Performance
The company's 50-day simple moving average is $14.85.
WeRide (NASDAQ:WRD - Get Free Report) last posted its quarterly earnings data on Friday, March 14th. The company reported ($0.29) EPS for the quarter. The firm had revenue of $19.29 million for the quarter. Analysts predict that WeRide Inc. will post -0.68 earnings per share for the current fiscal year.
Hedge Funds Weigh In On WeRide
An institutional investor recently bought a new position in WeRide stock. Mirae Asset Global Investments Co. Ltd. bought a new stake in WeRide Inc. (NASDAQ:WRD - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 897,394 shares of the company's stock, valued at approximately $12,178,000. Mirae Asset Global Investments Co. Ltd. owned about 0.34% of WeRide at the end of the most recent quarter.
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.
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