While WeRide Inc. ADR has underperformed by -11.49%, investors are advised to look at stock chart patterns for technical insight.
On January 24, 2025, JP Morgan started tracking WeRide Inc. ADR (NASDAQ: WRD) recommending Overweight. A report published by Morgan Stanley on November 19, 2024, Initiated its previous ‘Overweight’ rating for WRD.
Analysis of WeRide Inc. ADR (WRD)
One of the most important indicators of WeRide Inc. ADR’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. Taking into account the quick ratio of the company, currently set at 0.45, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and WRD is recording 749.40K average volume. On a monthly basis, the volatility of the stock is set at 12.30%, whereas on a weekly basis, it is put at 27.02%, with a gain of 42.22% over the past seven days. Furthermore, long-term investors anticipate a median target price of $21.06, showing decline from the present price of $24.42, which can serve as yet another indication of whether WRD is worth investing in or should be passed over.
How Do You Analyze WeRide Inc. ADR Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 4.44%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 0.14% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
