A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. WeRide Inc. ADR’s current trading price is -78.34% away from its 52-week high, while its distance from the 52-week low is 58.02%. The stock’s price range for this time frame has been between $6.03 and $44.00. The trading volume of the company’s shares in the Technology reached around 2.47 million for the day, which was evidently lower than the average daily volume of 11.66 million over the last three months.
The current stock price for WeRide Inc. ADR (WRD) is $9.53. The stock experienced a significant increase during the last trading session, reaching $21.02 after opening at $9.48. It dipped to a low of $11.99 before ultimately closing at $9.89.
In terms of market performance, WeRide Inc. ADR had a somewhat inconsistent run in.
How Financial Performance Impacts Market Capitalization
WeRide Inc. ADR (WRD) has experienced a quarterly rise of 11.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.54B and boasts a workforce of 3093 employees.
Decoding 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.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.15, with a change in price of -5.38. Similarly, WeRide Inc. ADR recorded 11,119,724 in trading volume during the last 100 days, posting a change of -35.95%.
How WRD’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to 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 54.91%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 37.90%. Further, the company’s Stochastic %K and %D values for the last 20 days were 45.00% and 45.82%, respectively.
WRD Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag.
