WeRide (NASDAQ:WRD) Hits New 52-Week Low – What’s Next?

WeRide Inc. (NASDAQ:WRDGet Free Report)’s share price reached a new 52-week low on Wednesday . The stock traded as low as $8.58 and last traded at $8.60, with a volume of 1063145 shares changing hands. The stock had previously closed at $9.46.

WeRide Stock Performance

The stock has a 50-day moving average of $17.00.

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 firm had revenue of $19.29 million during the quarter. As a group, equities research analysts forecast that WeRide Inc. will post -0.68 EPS for the current fiscal 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.

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