WeRide Inc. (NASDAQ:WRD - Get Free Report)'s share price hit a new 52-week low during trading on Monday . The company traded as low as $6.22 and last traded at $6.23, with a volume of 3257089 shares changing hands. The stock had previously closed at $7.04.
WeRide Price Performance
The firm's fifty day moving average is $13.17.
WeRide (NASDAQ:WRD - Get Free Report) last posted its quarterly earnings results on Friday, March 14th. The company reported ($0.29) earnings per share (EPS) for the quarter. The company had revenue of $19.29 million for the quarter. As a group, equities analysts forecast that WeRide Inc. will post -0.68 earnings per share for the current fiscal year.
Institutional Investors Weigh In On WeRide
An institutional investor recently bought a new position in WeRide stock. Concurrent Investment Advisors LLC bought a new stake in WeRide Inc. (NASDAQ:WRD - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 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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