WeRide (NASDAQ:WRD) Shares Down 4.5% – What’s Next?

WeRide Inc. (NASDAQ:WRDGet Free Report)’s share price dropped 4.5% during trading on Tuesday . The stock traded as low as $9.52 and last traded at $9.58. Approximately 251,977 shares changed hands during trading, a decline of 86% from the average daily volume of 1,787,900 shares. The stock had previously closed at $10.03.

WeRide Price Performance

The business has a fifty day moving average of $17.56.

WeRide (NASDAQ:WRDGet Free Report) last issued its quarterly earnings data on Friday, March 14th. The company reported ($0.29) earnings per share (EPS) for the quarter. The business 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 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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