With 1.6 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.66 million shares. The 52-week range on EH shows that it touched its highest point at $29.76 and its lowest point at $10.40 during that stretch. It currently has a 1-year price target of $26.90. Beta for the stock currently stands at 1.07.
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 EH was up-trending over the past week, with a rise of 6.01%, but this was down by -10.04% over a month. Three-month performance dropped to -20.06% while six-month performance rose 14.58%. The stock gained 8.47% in the past year, while it has gained 9.81% so far this year. A look at the trailing 12-month EPS for EH yields -0.49 with Next year EPS estimates of 0.24. For the next quarter, that number is -0.10. This implies an EPS growth rate of 48.57% for this year and 296.02% for next year.
Float and Shares Shorts:
At present, 52.36 million EH shares are outstanding with a float of 51.56 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 EH since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 -$1.958 being high and -$2.83717 being low. For EH, this leads to a yearly average estimate of -$2.37871.
