WeRide Inc. (NASDAQ:WRD - Get Free Report) dropped 7% on Monday . The stock traded as low as $13.38 and last traded at $13.51. Approximately 896,926 shares were traded during trading, a decline of 51% from the average daily volume of 1,847,015 shares. The stock had previously closed at $14.52.
WeRide Stock Performance
WeRide (NASDAQ:WRD - Get Free Report) last released its earnings results on Friday, March 14th. The company reported ($0.29) earnings per share for the quarter. The firm had revenue of $19.29 million during the quarter. As a group, equities research analysts expect that WeRide Inc. will post -0.68 EPS for the current year.
WeRide Company Profile
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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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