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EHang Holdings Limited (EH): The long term indicators on the stock call for a Sell today

How have the shares performed?

EHang Holdings Limited (EH) saw an uptrend of 4.31% in the recent trading with $22.53 being its most recent. The current price level -82.64% lower than the highest price of $129.80 marked by the stock while trading over the past 52-weeks, whereas it is 196.84% higher than the lowest price of $7.59 the company dropped to over past 52-weeks. The latest news story on EH appeared in GlobeNewswire under the title “EHang Reveals Long-Range VT-30 AAV to Expand Regional Air Mobility Coverage” on May-25-21.


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Squeezing the time span to 30 day period shows us the stock is currently trading -27.80% below one month high and is +14.09% above of the lowest during that time. Looking into the simple moving average, EHang Holdings Limited (EH)’s stock stands at a SMA-50 of $29.93 while that of 5-day is reading $22.13.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and EH’s SMA-200 as of now is $27.76.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 1 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.50 for the stock.

EHang Holdings Limited Earnings – What Happened With EH

Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. EHang Holdings Limited (EH) last released financial results for the quarter that ended 12/30/2020, posting a surprise factor of -100.00% for net revenue.

EH – EHang Holdings Limited Stock Earnings Estimates

The perspective of EHang Holdings Limited (NASDAQ:EH)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.01 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was -0.02.

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 54.82 million. EH does have institutional investors; and they hold 15.30% of the stock.

EHang Holdings Limited – Insider Activity and Holdings

As on Dec 30, 2020, Aviva PLC was the top most holder in EHang Holdings Limited (NASDAQ:EH) with an ownership of 0.11 million shares of the company or 0.34% of the stake worth $2.28 million. The filing also reveals Mirae Asset Global Investments Co., Ltd. as the second largest holder in the company with a control over 0.26% of the outstanding shares. Its stake is worth $1.75 million for having 83063.0 shares in hand.

Virtu Financial LLC also came holding a key position in the company during the recent quarter and it now holds 0.14% of the outstanding shares. With this there are now 35 institutions which have possession in EH’s shares.

Currently, the stock has been recommended as Strong Buy by 1 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.50 for the stock.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by EHang Holdings Limited was 2.79 while posting a debt to equity ratio of 0.05.

EHang Holdings Limited’s return on equity, or ROE, is -30.10%, compared to the industry average of 3.53% for Industrials – Aerospace & Defense. Although this indicates that EH fails to use its equity well, the metric will vary significantly depending on the industry.

Technical Analysis of EHang Holdings Limited (NASDAQ:EH) stock

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To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for EHang Holdings Limited (EH), we notice that the stock’s 20-day average volume is at 2,210,775 shares and 100% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 2,113,500 shares. And to end, EH’s 100-day average volume is 4,056,676 shares with 50% of the long-term indicators pointing towards Sell for the stock.

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