WeRide Inc. (NASDAQ:WRD - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 6,942,264 shares were traded during trading, an increase of 75% from the previous session's volume of 3,973,494 shares.The stock last traded at $8.82 and had previously closed at $8.01.
WeRide Price Performance
The firm has a fifty day moving average price of $11.73.
WeRide (NASDAQ:WRD - Get Free Report) last issued its earnings results on Friday, March 14th. The company reported ($0.29) earnings per share (EPS) for the quarter. The business had revenue of $19.29 million during the quarter. On average, analysts anticipate that WeRide Inc. will post -0.68 earnings per share for the current fiscal year.
Institutional Trading of WeRide
An institutional investor recently bought a new position in WeRide stock. Concurrent Investment Advisors LLC acquired a new stake in WeRide Inc. (NASDAQ:WRD - Free Report) in the 1st quarter, according to the company in 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.
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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