EHang (NASDAQ:EH – Get Free Report) announced its earnings results on Wednesday. The company reported ($0.10) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 Price Performance
Shares of EH opened at $21.75 on Wednesday. The business has a 50-day simple moving average of $19.42 and a two-hundred day simple moving average of $16.67. EHang has a 12-month low of $10.40 and a 12-month high of $29.76. The stock has a market cap of $1.38 billion, a PE ratio of -39.92 and a beta of 0.91. The company has a quick ratio of 2.25, a current ratio of 2.39 and a debt-to-equity ratio of 0.01.
Wall Street Analyst Weigh In
Separately, CICC Research assumed coverage on shares of EHang in a research report on Thursday, January 2nd. They set an “outperform” rating for the company.
EHang Company Profile
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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