2 days Ago By ABMN Staff
EHang Holdings Limited ( NASDAQ:EH – Get Free Report ) shares were up 4.7% during trading on Tuesday . The company traded as high as $16.
98 and last traded at $16.39. Approximately 799,193 shares changed hands during mid-day trading, a decline of 42% from the average daily volume of 1,383,882 shares.
The stock had previously closed at $15.66. Analysts Set New Price Targets Separately, China Renaissance began coverage on shares of EHang in a research report on Tuesday, September 24th.
They issued a “buy” rating on the stock. Read Our Latest Stock Report on EHang EHang Trading Up 0.6 % Hedge Funds Weigh In On EHang Hedge funds and other institutional investors have recently modified their holdings of the company.
XTX Topco Ltd bought a new stake in shares of EHang during the 2nd quarter valued at about $383,000. SteelPeak Wealth LLC grew its position in EHang by 70.7% during the third quarter.
SteelPeak Wealth LLC now owns 67,110 shares of the company’s stock valued at $949,000 after buying an additional 27,805 shares during the period. Quantbot Technologies LP increased its holdings in EHang by 78.2% during the third quarter.
Quantbot Technologies LP now owns 9,348 shares of the company’s stock valued at $132,000 after buying an additional 4,101 shares during the last quarter. Verition Fund Management LLC bought a new position in EHang in the third quarter worth approximately $508,000. Finally, Point72 Hong Kong Ltd purchased a new position in shares of EHang during the 3rd quarter worth $118,000.
94.03% of the stock is owned by institutional investors. EHang Company Profile ( Get Free Report ) EHang Holdings Limited operates as an autonomous aerial vehicle (AAV) technology platform company in the People's Republic of China, East Asia, West Asia, Europe, and internationally.
It designs, develops, manufactures, sells, and operates AAVs, as well as their supporting systems and infrastructure for various industries and applications, including passenger transportation, logistics, smart city management, and aerial media solutions. Featured Articles Receive News & Ratings for EHang Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EHang and related companies with MarketBeat.com's FREE daily email newsletter .
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