A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Until today this year the stock’s price performance recorded a decrease of -56.49%. The price of WRD decreased -59.83% over the last 30 days. And in the last five days, it has fallen by -26.90%.
52-week price history of WRD Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. WeRide Inc. ADR’s current trading price is -85.98% away from its 52-week high, while its distance from the 52-week low is -10.58%. The stock’s price range over this timeframe has been between $6.90 and $44.00. The shares of the Technology sector company recorded a trading volume of approximately 8.38 million for the day, which was comparatively higher than the average daily volume of 2.57 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
WeRide Inc. ADR (WRD) has experienced a quarterly decline of -57.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.59B and boasts a workforce of 3093 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 15.34, with a change in price of -11.20. Similarly, WeRide Inc. ADR recorded 1,730,331 in trading volume during the last 100 days, posting a change of -64.48%.
WRD’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder 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
The raw stochastic average for WeRide Inc. ADR over the last 50 days is presently at 0.37%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 1.70%. Further, the company’s Stochastic %K and %D values for the last 20 days were 1.83% and 2.80%, respectively.
