EHang (NASDAQ:EH – Get Free Report) announced its earnings results on Wednesday. The company reported ($0.10) EPS for the quarter, topping the consensus estimate of ($0.20) by $0.10, Zacks reports. EHang had a negative net margin of 73.03% and a negative return on equity of 56.12%.
EHang Stock Performance
Shares of NASDAQ EH opened at $23.25 on Wednesday. EHang has a 12 month low of $10.40 and a 12 month high of $29.76. The company has a quick ratio of 2.25, a current ratio of 2.39 and a debt-to-equity ratio of 0.01. The company has a market cap of $1.48 billion, a P/E ratio of -43.43 and a beta of 0.91. The business’s 50 day moving average is $19.42 and its two-hundred day moving average is $16.67.
Wall Street Analyst Weigh In
Separately, CICC Research began coverage on EHang in a research report on Thursday, January 2nd. They set an “outperform” rating on the stock.
About EHang
EHang Holdings Limited operates as an autonomous aerial vehicle (AAV) technology platform company in the People's Republic of China, East Asia, West Asia, Europe, and internationally. It designs, develops, manufactures, sells, and operates AAVs, as well as their supporting systems and infrastructure for various industries and applications, including passenger transportation, logistics, smart city management, and aerial media solutions.
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