Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. EHang Holdings Ltd ADR’s current trading price is -40.38% away from its 52-week high, while its distance from the 52-week low is 78.10%. The stock’s price range during this period has varied between $8.63 and $25.78. The company, active in the Industrials sector, saw a trading volume of around 3.26 million for the day, considerably higher average daily volume of 0.74 million observed over the last three months.
EHang Holdings Ltd ADR had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $25.78 on 10/13/23, while the lowest price during the same period was $8.63 on 03/20/23.
How Financial Performance Impacts Market Capitalization
EHang Holdings Ltd ADR (EH) has experienced a quarterly decline of -11.51% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 628.33M.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 13.90, with a change in price of -1.26. Similarly, EHang Holdings Ltd ADR recorded 867,152 in trading volume during the last 100 days, posting a change of -7.58%.
How EH’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for EH stands at 0.77. Similarly, the long-term debt-to-equity ratio is also 0.40.
EH Stock Stochastic Average
As of today, the raw stochastic average of EHang Holdings Ltd ADR over the last 50 days is at 84.44%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 83.23%. Further, the company’s Stochastic %K and %D values for the last 20 days were 80.02% and 82.89%, respectively.
EH Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -8.51%. However, over the past six months, we’ve seen a stronger performance of -8.18%. The price of EH fallen by 54.63% over the last 30 days. And in the last five days, it has surged by 34.71%.
