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WeRide (NASDAQ:WRD) Stock Price Down 5.6% - Should You Sell?

WeRide logo with Auto/Tires/Trucks background
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WeRide Inc. (NASDAQ:WRD - Get Free Report) was down 5.6% on Tuesday . The stock traded as low as $16.90 and last traded at $17.01. Approximately 313,974 shares were traded during trading, a decline of 84% from the average daily volume of 1,964,725 shares. The stock had previously closed at $18.01.

WeRide Stock Performance

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