Hesai Group ADR [NASDAQ: HSAI] traded at a high on Tuesday, posting a 50.41 gain after which it closed the day’ session at $24.08.
The results of the trading session contributed to over 26692219 shares changing hands. Over the past one week, the price volatility of Hesai Group ADR stands at 12.83% while the volatility over the past one month is 11.25%.
The market cap for HSAI stock reached $2.35 billion, with 97.44 million shares outstanding and 72.47 million shares in the current float. Compared to the average trading volume of 3.36M shares, HSAI reached a trading volume of 26692219 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Hesai Group ADR [HSAI]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HSAI shares is $19.94 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HSAI stock is a recommendation set at 1.25. 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.
Daiwa Securities have made an estimate for Hesai Group ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on Mar-12-25. While these analysts kept the previous recommendation, Goldman dropped their target price from $5.50 to $18.40. The new note on the price target was released on January 14, 2025, representing the official price target for Hesai Group ADR stock. Previously, the target price had yet another raise from $5.80 to $15, while Morgan Stanley kept a Equal-Weight rating on HSAI stock.
The Average True Range (ATR) for Hesai Group ADR is set at 2.12, with the Price to Sales ratio for HSAI stock in the period of the last 12 months amounting to 8.81. The Price to Book ratio for the last quarter was 5.36, with the Price to Cash per share for the same quarter was set at 3.70.
How has HSAI stock performed recently?
Hesai Group ADR [HSAI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 52.99. With this latest performance, HSAI shares gained by 43.33% in over the last four-week period, additionally plugging by 552.57% over the last 6 months – not to mention a rise of 324.69% 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 HSAI stock in for the last two-week period is set at 68.29, with the RSI for the last a single of trading hit 72.09, and the three-weeks RSI is set at 66.09 for Hesai Group ADR [HSAI]. The present Moving Average for the last 50 days of trading for this stock 16.25, while it was recorded at 18.26 for the last single week of trading, and 7.98 for the last 200 days.
Hesai Group ADR [HSAI]: Deeper insight into the fundamentals
Hesai Group ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.65 and a Current Ratio set at 3.08.
