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WeRide (NASDAQ:WRD) Hits New 52-Week Low - Time to Sell?

WeRide logo with Auto/Tires/Trucks background

WeRide Inc. (NASDAQ:WRD - Get Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $8.58 and last traded at $8.60, with a volume of 1063145 shares traded. The stock had previously closed at $9.46.

WeRide Trading Up 2.6 %

The company's 50 day simple moving average is $16.81.

WeRide (NASDAQ:WRD - Get Free Report) last issued its quarterly earnings data on Friday, March 14th. The company reported ($0.29) earnings per share (EPS) for the quarter. The business had revenue of $19.29 million during the quarter. On average, equities research analysts forecast that WeRide Inc. will post -0.68 earnings per share for the current year.

WeRide Company Profile

(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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