While Hesai Group ADR has underperformed by -11.11%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, HSAI rose by 325.67%, with highs and lows ranging from $20.18 to $3.52, whereas the simple moving average jumped by 109.40% in the last 200 days.
On January 14, 2025, Goldman Upgraded Hesai Group ADR (NASDAQ: HSAI) to Buy. A report published by Morgan Stanley on January 13, 2025, Downgraded its rating to ‘Equal-Weight’ for HSAI. Citigroup also rated HSAI shares as ‘Buy’, setting a target price of $12.90 on the company’s shares in an initiating report dated September 26, 2023. BofA Securities Initiated an Buy rating on September 22, 2023, and assigned a price target of $14.80. Goldman August 18, 2023d its ‘Buy’ rating to ‘Neutral’ for HSAI, as published in its report on August 18, 2023. Goldman’s report from March 13, 2023 suggests a price prediction of $31 for HSAI shares, giving the stock a ‘Buy’ rating. Credit Suisse also rated the stock as ‘Outperform’.
Analysis of Hesai Group ADR (HSAI)
Further, the quarter-over-quarter increase in sales is 22.40%, showing a positive trend in the upcoming months.
One of the most important indicators of Hesai Group ADR’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -9.36% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.65, 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 HSAI is recording 3.52M average volume. On a monthly basis, the volatility of the stock is set at 10.37%, whereas on a weekly basis, it is put at 11.96%, with a loss of -10.21% over the past seven days. Furthermore, long-term investors anticipate a median target price of $15.32, showing decline from the present price of $15.92, which can serve as yet another indication of whether HSAI is worth investing in or should be passed over.
How Do You Analyze Hesai Group 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 25.63%. 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 17.97% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
HSAI shares are owned by institutional investors to the tune of 17.97% at present.
