HSAI: Riding the Market Waves of Growth and Decline in 2023

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. Until today this year the stock’s price performance recorded an increase of 45.80%. However, over the last six months, the performance has been weaker by 163.74%. The price of HSAI increased 16.61% over the last 30 days. And in the last five days, it has fallen by -0.05%.

The market performance of Hesai Group ADR has been somewhat stable.

52-week price history of HSAI 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. Hesai Group ADR’s current trading price is -16.67% away from its 52-week high, while its distance from the 52-week low is 472.44%. The stock’s price range over this timeframe has been between $3.52 and $24.18. The shares of the Consumer Cyclical sector company recorded a trading volume of approximately 1.35 million for the day, which was comparatively lower than the average daily volume of 5.77 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Hesai Group ADR (HSAI) has experienced a quarterly rise of 22.87% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.13B and boasts a workforce of 1020 employees.

How Moving Averages and Trading Volume Data Work Together

HSAI’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 HSAI stands at 0.16. Similarly, the long-term debt-to-equity ratio is also 0.09.

Leave a Reply

Your email address will not be published. Required fields are marked *

Invest Chronicle
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.