WeRide Inc. (NASDAQ:WRD – Get Free Report) shares were down 7% on Monday . The stock traded as low as $13.38 and last traded at $13.51. Approximately 896,926 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 1,847,015 shares. The stock had previously closed at $14.52.
WeRide Stock Performance
WeRide (NASDAQ:WRD – Get Free Report) last posted its quarterly earnings data on Friday, March 14th. The company reported ($0.29) earnings per share for the quarter. The firm had revenue of $19.29 million during the quarter. Sell-side analysts predict that WeRide Inc. will post -0.68 earnings per share for the current year.
About WeRide
WeRide, Inc engages in the development of an autonomous driving technology platform. It offers Robotaxi, Robobus, Robovan, Robosweeper, and advanced driving solutions, providing smart services in online ride-hailing, on-demand transport, urban logistics, and environmental sanitation. The company was founded by Tony Xu Han and Yan Li in February 2017 and is headquartered in Guangzhou, China.
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