How does Hesai Group ADR (HSAI) change from a tortoise to a hare?

With 3.17 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.38 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 $18.34. Beta for the stock currently stands at 1.10.

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 0.57%, but this was down by -4.76% over a month. Three-month performance surged to 68.00% while six-month performance rose 325.80%. The stock gained 193.22% in the past year, while it has gained 15.85% so far this year. A look at the trailing 12-month EPS for HSAI yields -0.42 with Next year EPS estimates of 0.64.

Float and Shares Shorts:

At present, 97.44 million HSAI shares are outstanding with a float of 72.47 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.