The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors.
Currently, the stock price of WeRide Inc. ADR (WRD) is $9.57. In the most recent trading session, the stock underwent a significant upswing, peaking at $21.08 after opening at $9.49. The stock touched a low of $13.05 before closing at $9.1.
In terms of market performance, WeRide Inc. ADR had a somewhat inconsistent run in.
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 -78.25% away from its 52-week high, while its distance from the 52-week low is 58.73%. The stock’s price range over this timeframe has been between $6.03 and $44.00. The shares of the Technology sector company recorded a trading volume of approximately 6.8 million for the day, which was comparatively lower than the average daily volume of 14.69 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
WeRide Inc. ADR (WRD) has experienced a quarterly rise of 16.30% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.55B 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 10.79, with a change in price of -12.73. Similarly, WeRide Inc. ADR recorded 9,886,563 in trading volume during the last 100 days, posting a change of -57.01%.
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
WeRide Inc. ADR’s raw stochastic average for the past 50 days is currently at 50.31%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 84.64%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 90.62% and 90.33%, respectively.
