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WeRide (NASDAQ:WRD) Trading Up 11.9% - Still a Buy?

WeRide logo with Auto/Tires/Trucks background
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WeRide Inc. (NASDAQ:WRD - Get Free Report)'s stock price was up 11.9% during mid-day trading on Wednesday . The stock traded as high as $9.98 and last traded at $9.89. Approximately 815,596 shares changed hands during mid-day trading, a decline of 54% from the average daily volume of 1,781,623 shares. The stock had previously closed at $8.84.

WeRide Stock Up 0.8 %

The business's 50 day moving average is $17.73.

WeRide (NASDAQ:WRD - Get Free Report) last issued 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 during the quarter. As a group, equities research analysts anticipate that WeRide Inc. will post -0.68 earnings per share for the current fiscal 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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