WeRide (NASDAQ:WRD) Sets New 52-Week Low – Should You Sell?

WeRide Inc. (NASDAQ:WRDGet Free Report)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $7.59 and last traded at $8.44, with a volume of 2279113 shares traded. The stock had previously closed at $8.23.

WeRide Stock Performance

The company’s 50-day moving average is $16.64.

WeRide (NASDAQ:WRDGet 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 during the quarter. As a group, analysts predict that WeRide Inc. will post -0.68 earnings per share for the current year.

WeRide Company Profile

(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.

Further Reading

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