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WeRide (NASDAQ:WRD) Sets New 1-Year Low - Should You Sell?

WeRide logo with Auto/Tires/Trucks background
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WeRide Inc. (NASDAQ:WRD - Get Free Report) shares reached a new 52-week low during trading on Friday . The stock traded as low as $11.90 and last traded at $12.00, with a volume of 272605 shares trading hands. The stock had previously closed at $12.88.

WeRide Stock Up 21.8 %

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

About WeRide

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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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