WeRide Inc. (NASDAQ:WRD - Get Free Report)'s share price hit a new 52-week low during trading on Tuesday . The company traded as low as $7.59 and last traded at $8.44, with a volume of 2279113 shares traded. The stock had previously closed at $8.23.
WeRide Stock Down 0.7 %
The business has a 50 day simple moving average of $14.85.
WeRide (NASDAQ:WRD - Get Free Report) last announced its quarterly 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. On average, research analysts anticipate that WeRide Inc. will post -0.68 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in WeRide stock. Mirae Asset Global Investments Co. Ltd. acquired a new stake in WeRide Inc. (NASDAQ:WRD - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 897,394 shares of the company's stock, valued at approximately $12,178,000. Mirae Asset Global Investments Co. Ltd. owned 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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