Currently, the stock price of WeRide Inc. ADR (WRD) is $8.58. In the most recent trading session, the stock underwent a significant upswing, peaking at $21.06 after opening at $8.57. The stock touched a low of $11.99 before closing at $8.7.
WeRide Inc. ADR’s stock has seen a rocky market performance.
52-week price history of WRD Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. WeRide Inc. ADR’s current trading price is -80.50% away from its 52-week high, while its distance from the 52-week low is 42.29%. The stock’s price range during this period has fluctuated between $6.03 and $44.00. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 2.34 million for the day, which was evidently lower than the average daily volume of 15.07 million over the last three months.
Financial Performance and Market Capitalization
WeRide Inc. ADR (WRD) has experienced a quarterly rise of 25.26% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.28B and boasts a workforce of 3093 employees.
Analysts’ Ratings For WeRide Inc. ADR
As of right now, 3 analysts are rating WeRide Inc. ADR as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.87, with a change in price of -7.98. Similarly, WeRide Inc. ADR recorded 10,719,588 in trading volume during the last 100 days, posting a change of -48.13%.
WRD Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for WRD stands at 0.03. 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 29.08%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 14.20%. Further, the company’s Stochastic %K and %D values for the last 20 days were 18.03% and 25.45%, respectively.
WRD Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook.
