Hesai Group ADR [NASDAQ: HSAI] gained 12.63% or 2.5 points to close at $22.30 with a heavy trading volume of 8835483 shares.
The daily chart for HSAI points out that the company has recorded 483.77% gains over the past six months.
If we look at the average trading volume of 4.02M shares, HSAI reached to a volume of 8835483 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $23.42 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 March 11, 2025. 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 2.26, with the Price to Sales ratio for HSAI stock in the period of the last 12 months amounting to 7.53. The Price to Book ratio for the last quarter was 4.97, with the Price to Cash per share for the same quarter was set at 4.51.
Trading performance analysis for HSAI stock
Hesai Group ADR [HSAI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 39.29. With this latest performance, HSAI shares gained by 23.89% in over the last four-week period, additionally plugging by 483.77% over the last 6 months – not to mention a rise of 379.05% 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 60.23, with the RSI for the last a single of trading hit 61.33, and the three-weeks RSI is set at 59.74 for Hesai Group ADR [HSAI]. The present Moving Average for the last 50 days of trading for this stock 16.82, while it was recorded at 21.86 for the last single week of trading, and 8.32 for the last 200 days.
Hesai Group ADR [HSAI]: A deeper dive into fundamental analysis
Hesai Group ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.58 and a Current Ratio set at 2.87.
An analysis of Institutional ownership at Hesai Group ADR [HSAI]
There are presently around $41.19%, or 48.69%% of HSAI stock, in the hands of institutional investors. The top three institutional holders of HSAI stocks are: FIL LTD with ownership of 5.04 million shares, which is approximately 3.9011%. BRILLIANCE ASSET MANAGEMENT LTD, holding 1.53 million shares of the stock with an approximate value of $$6.39 million in HSAI stocks shares; and BRILLIANCE ASSET MANAGEMENT LTD, currently with $$4.41 million in HSAI stock with ownership which is approximately 0.8149%.
