WeRide Inc. (NASDAQ:WRD – Get Free Report) shot up 11.4% on Friday . The company traded as high as $18.24 and last traded at $18.13. 2,594,715 shares traded hands during mid-day trading, an increase of 40% from the average session volume of 1,849,108 shares. The stock had previously closed at $16.27.
WeRide Stock Up 13.1 %
WeRide (NASDAQ:WRD – Get Free Report) last posted its 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. Equities research analysts anticipate that WeRide Inc. will post -0.68 EPS 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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