Check out these key findings about Hesai Group ADR (HSAI)

With 5.54 million shares changed hands, the volume of the stock remained heavier than its average volume of 4.06 million shares. The 52-week range on HSAI shows that it touched its highest point at $20.18 and its lowest point at $3.52 during that stretch. It currently has a 1-year price target of $15.30. Beta for the stock currently stands at 1.06.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HSAI was up-trending over the past week, with a rise of 0.51%, but this was up by 18.99% over a month. Three-month performance surged to 311.37% while six-month performance rose 309.47%. The stock gained 356.96% in the past year, while it has gained 28.29% so far this year. A look at the trailing 12-month EPS for HSAI yields -0.42 with Next year EPS estimates of 0.24. For the next quarter, that number is 0.19. This implies an EPS growth rate of 75.41% for this year and 284.57% for next year.

Float and Shares Shorts:

At present, 97.44 million HSAI shares are outstanding with a float of 64.82 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HSAI since 6 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.77103 being high and -$1.16289 being low. For HSAI, this leads to a yearly average estimate of -$0.94421. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.