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WeRide (NASDAQ:WRD) Stock Price Up 11.4% - Still a Buy?

WeRide logo with Auto/Tires/Trucks background
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WeRide Inc. (NASDAQ:WRD - Get Free Report) shares traded up 11.4% on Friday . The company traded as high as $18.24 and last traded at $18.13. 2,594,715 shares were traded during trading, an increase of 40% from the average session volume of 1,849,108 shares. The stock had previously closed at $16.27.

WeRide Trading Down 5.7 %

WeRide (NASDAQ:WRD - Get Free Report) last announced its earnings results on Friday, March 14th. The company reported ($0.29) earnings per share for the quarter. The business had revenue of $19.29 million for the quarter. Equities research analysts expect 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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