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WeRide (NASDAQ:WRD) Hits New 12-Month Low - Time to Sell?

WeRide logo with Auto/Tires/Trucks background
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WeRide Inc. (NASDAQ:WRD - Get Free Report) hit a new 52-week low during trading on Thursday . The company traded as low as $8.60 and last traded at $10.77, with a volume of 4563726 shares. The stock had previously closed at $8.84.

WeRide Stock Up 1.8 %

The stock's 50 day moving average price is $17.73.

WeRide (NASDAQ:WRD - Get Free Report) last posted its quarterly earnings results on Friday, March 14th. The company reported ($0.29) EPS for the quarter. The firm had revenue of $19.29 million for the quarter. On average, sell-side analysts predict that WeRide Inc. will post -0.68 earnings per share for the current year.

About WeRide

(Get Free Report)

WeRide, Inc engages in the development of an autonomous driving technology platform. It offers Robotaxi, Robobus, Robovan, Robosweeper, and advanced driving solutions, providing smart services in online ride-hailing, on-demand transport, urban logistics, and environmental sanitation. The company was founded by Tony Xu Han and Yan Li in February 2017 and is headquartered in Guangzhou, China.

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