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WRD’s Market Quandary: Decoding the Ups and Downs of 2023

ZM Stock

The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. This year’s metric has recorded a Price decrease of -28.28%. The price of WRD leaped by -37.95% over the last 30 days. And in the last five days, it has fallen by -25.06%.

52-week price history of WRD Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. WeRide Inc. ADR’s current trading price is -76.89% away from its 52-week high, while its distance from the 52-week low is -3.88%. The stock’s price range during this period has varied between$10.58 and $44.00. The WeRide Inc. ADR’s shares, which operate in the Technology, saw a trading volume of around 1.47 million for the day, a figure considerably lower than their average daily volume of 1.87 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

WeRide Inc. ADR (WRD) has experienced a quarterly decline of -26.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.62B and boasts a workforce of 3093 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 16.69, with a change in price of -5.33. Similarly, WeRide Inc. ADR recorded 1,230,659 in trading volume during the last 100 days, posting a change of -34.39%.

WRD’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for WRD stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.01.

WRD Stock Stochastic Average

As of today, WeRide Inc. ADR’s raw stochastic average for the last 50 days stands at 2.23%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 6.94%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 5.06% and 7.22%, respectively.

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