EHang (NASDAQ:EH) Trading 5.3% Higher

EHang Holdings Limited (NASDAQ:EH) traded up 5.3% during trading on Thursday . The stock traded as high as $18.40 and last traded at $18.22. 683,144 shares were traded during trading, a decline of 44% from the average session volume of 1,226,930 shares. The stock had previously closed at $17.31.

EHang Stock Up 5.7 %

The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.57 and a current ratio of 1.81. The stock has a market cap of $1.07 billion, a PE ratio of -26.10 and a beta of 1.04. The company’s 50-day moving average price is $14.57 and its 200 day moving average price is $15.06.

EHang (NASDAQ:EH) last announced its earnings results on Friday, March 15th. The company reported ($0.16) EPS for the quarter. EHang had a negative net margin of 257.09% and a negative return on equity of 188.90%. The business had revenue of $7.97 million for the quarter.

Institutional Trading of EHang

Hedge funds and other institutional investors have recently bought and sold shares of the stock. SteelPeak Wealth LLC lifted its holdings in EHang by 288.4% during the first quarter. SteelPeak Wealth LLC now owns 41,455 shares of the company’s stock valued at $853,000 after purchasing an additional 30,782 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its position in shares of EHang by 79.7% during the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 33,166 shares of the company’s stock valued at $682,000 after purchasing an additional 14,705 shares during the period. Nomura Holdings Inc. purchased a new position in shares of EHang during the 4th quarter valued at $396,000. Quadrature Capital Ltd boosted its holdings in EHang by 39.4% in the 4th quarter. Quadrature Capital Ltd now owns 76,970 shares of the company’s stock worth $1,294,000 after buying an additional 21,772 shares during the period. Finally, Vanguard Group Inc. increased its stake in EHang by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 1,555,526 shares of the company’s stock worth $26,133,000 after buying an additional 6,014 shares in the last quarter. Hedge funds and other institutional investors own 94.03% of the company’s stock.

About EHang

EHang Holdings Limited operates as an autonomous aerial vehicle (AAV) technology platform company in the People's Republic of China, East Asia, West Asia, Europe, and internationally. It designs, develops, manufactures, sells, and operates AAVs, as well as their supporting systems and infrastructure for various industries and applications, including passenger transportation, logistics, smart city management, and aerial media solutions.