The stock of EHang Holdings (EH, Financial) experienced a significant decline, dropping by 5.71%, bringing the share price to $16.77. The trading volume reached 2.00232 million shares, with a turnover rate of 3.15% and a price fluctuation of 9.61%.
According to the latest financial report, EHang Holdings reported a revenue of $14.09 million and a net loss of $9.88 million, translating to an earnings per share (EPS) of -$0.15. The company's gross profit stood at $8.79 million with a price-to-earnings (P/E) ratio of -28.59.
Regarding analyst ratings, out of the six institutions covering the stock, 83% recommended buying, while 17% suggested holding, with no sell recommendations.
Within the aerospace and defense sector, where EHang operates, the overall decline was 0.86%. Notable performers in the sector included Optex Systems Holdings, Intuitive Machines, and Archer Aviation, which saw significant gains. Active stocks in the sector included Intuitive Machines, Xti Aerospace, and Virgin Galactic, which had turnover rates of 11.79%, 7.86%, and 3.95%, respectively. Stocks with notable volatility were New Horizon Aircraft, Vertical Aerospace, and Momentus, with amplitudes of 18.87%, 16.44%, and 16.08%, respectively.
EHang Holdings Ltd is a US-based autonomous aerial vehicle (AAV) technology platform company, focused on safe, autonomous, and eco-friendly air mobility. It offers AAV products and commercial solutions for urban air transportation, smart city management, and aerial media solutions, pioneering the urban air mobility sector globally.
