WeRide Inc. (NASDAQ:WRD – Get Free Report) was down 5.6% during mid-day trading on Tuesday . The company traded as low as $16.90 and last traded at $17.01. Approximately 313,974 shares were traded during mid-day trading, a decline of 84% from the average daily volume of 1,964,725 shares. The stock had previously closed at $18.01.
WeRide Stock Performance
WeRide (NASDAQ:WRD – Get Free Report) last released its quarterly earnings results on Friday, March 14th. The company reported ($0.29) earnings per share (EPS) for the quarter. The business had revenue of $19.29 million for the quarter. As a group, sell-side analysts forecast that WeRide Inc. will post -0.68 earnings per share for the current fiscal year.
WeRide Company Profile
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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