Market cap of EHang Holdings Limited [EH] reaches 2.56B – now what?

EHang Holdings Limited [NASDAQ: EH] plunged by -$8.35 during the normal trading session on Thursday and reaching a high of $55.00 during the day while it closed the day at $45.74. The company report on February 26, 2021 that EHANG HOLDINGS SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against EHang Holdings Limited – EH.

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New Orleans, Louisiana–(Newsfile Corp. – February 25, 2021) – Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until April 19, 2021 to file lead plaintiff applications in a securities class action lawsuit against EHang Holdings Limited (NasdaqGM: EH), if they purchased the Company’s American depositary shares (“ADS”) between December 12, 2019 and February 16, 2021 (and on February 16, 2021, only for those who purchased shares at or above the price of $112.00), inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of New York.

What You May Do.

EHang Holdings Limited stock has also loss -25.25% of its value over the past 7 days. However, EH stock has inclined by 261.01% in the 3 months of the year. Over the past six months meanwhile, it has gained 443.23% and gained 116.67% year-on date.

The market cap for EH stock reached $2.56 billion, with 54.80 million shares outstanding and 31.62 million shares in the current float. Compared to the average trading volume of 4.71M shares, EH reached a trading volume of 5081288 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about EHang Holdings Limited [EH]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EH shares is $24.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EH stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Needham have made an estimate for EHang Holdings Limited shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 07, 2020.

The Average True Range (ATR) for EHang Holdings Limited is set at 17.59, with the Price to Sales ratio for EH stock in the period of the last 12 months amounting to 92.14. The Price to Book ratio for the last quarter was 55.78, with the Price to Cash per share for the same quarter was set at 0.67.

EH stock trade performance evaluation

EHang Holdings Limited [EH] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -25.25. With this latest performance, EH shares dropped by -49.18% in over the last four-week period, additionally plugging by 443.23% over the last 6 months – not to mention a rise of 313.19% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EH stock in for the last two-week period is set at 43.08, with the RSI for the last a single of trading hit 39.03, and the three-weeks RSI is set at 45.90 for EHang Holdings Limited [EH]. The present Moving Average for the last 50 days of trading for this stock 52.73, while it was recorded at 52.61 for the last single week of trading, and 21.03 for the last 200 days.

EHang Holdings Limited [EH]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and EHang Holdings Limited [EH] shares currently have an operating margin of -40.84 and a Gross Margin at +58.46. EHang Holdings Limited’s Net Margin is presently recorded at -39.85.

Return on Total Capital for EH is now -23.38, given the latest momentum, and Return on Invested Capital for the company is -24.22. Return on Equity for this stock declined to -26.34, with Return on Assets sitting at -17.00. When it comes to the capital structure of this company, EHang Holdings Limited [EH] has a Total Debt to Total Equity ratio set at 12.15. Additionally, EH Total Debt to Total Capital is recorded at 10.83, with Total Debt to Total Assets ending up at 8.42. Long-Term Debt to Equity for the company is recorded at 10.44, with the Long-Term Debt to Total Capital now at 9.31.

Reflecting on the efficiency of the workforce at the company, EHang Holdings Limited [EH] managed to generate an average of -$29,273 per employee. Receivables Turnover for the company is 2.84 with a Total Asset Turnover recorded at a value of 0.43.EHang Holdings Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.70 and a Current Ratio set at 3.10.

Earnings per share (EPS) analysis for EHang Holdings Limited [EH] stock

With the latest financial reports released by the company, EHang Holdings Limited posted 0.01/share EPS, while the average EPS was predicted by analysts to be reported at -0.07/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 114.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EH.

EHang Holdings Limited [EH]: Insider Ownership positions

There are presently around $18 million, or 1.60% of EH stock, in the hands of institutional investors. The top three institutional holders of EH stocks are: AVIVA PLC with ownership of 108,205, which is approximately New of the company’s market cap and around 1.25% of the total institutional ownership; MIRAE ASSET GLOBAL INVESTMENTS CO., LTD., holding 83,063 shares of the stock with an approximate value of $3.8 million in EH stocks shares; and VIRTU FINANCIAL LLC, currently with $1.99 million in EH stock with ownership of nearly New of the company’s market capitalization.

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Positions in EHang Holdings Limited stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 17 institutional holders increased their position in EHang Holdings Limited [NASDAQ:EH] by around 381,030 shares. Additionally, 3 investors decreased positions by around 10,709 shares, while 0 investors held positions by with 4,545 shares. The mentioned changes placed institutional holdings at 396,284 shares, according to the latest SEC report filing. EH stock had 14 new institutional investments in for a total of 350,564 shares, while 2 institutional investors sold positions of 10,509 shares during the same period.

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