Streetbeat News

EHang Holdings Limited

https://www.ehang.com

Industry

Aerospace & Defense

EHang Holdings Limited operates as an autonomous aerial vehicle (AAV) technology platform company in the People's Republic of China, East 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. The company was incorporated in 2014 and is headquartered in Guangzhou, the People's Republic of China.

Open

16.93

Mkt cap

1.1B

Volume

1.5M

High

17.25

P/E Ratio

-29.04

52-wk high

22.98

Low

16.51

Div yield

N/A

52-wk low

9.51

EHang's Unmanned Aircraft Cloud System has been approved by the Civil Aviation Administration of China. This approval positions the EH216-S for post-TC commercial operations.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 1:24 pm

During Friday's intraday session, 12 industrial stocks experienced significant movement. Gainers included VCI Global (VCIG), Sidus Space (SIDU), Corporacion America (CAAP), Shapeways Holdings (SHPW), Energy Vault Holdings (NRGV), and JanOne (JAN). Losers included Recruiter.Com Group (RCRT), voxeljet (VJET), EHang Holdings (EH), Quad/Graphics (QUAD), Quhuo (QH), and First Advantage (FA).

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 5:31 pm

EHang Holdings shares are trading lower following disappointing Q2 revenue results. The situation is further exacerbated by China Evergrande Group's filing for Chapter 15 bankruptcy protection in New York, which may be contributing to the weakness.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 2:33 pm

EHang Holdings announced that CFO Richard Jian Liu will step down effective August 31, 2023, for personal reasons. He will serve as a senior advisor to the company from September 1, 2023. Conor Chia-hung Yang, currently a director of the company, will take over as CFO while retaining his directorship.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 9:09 am

EHang Holdings (NASDAQ:EH) reported Q2 adjusted losses of $(0.12) per share, beating the analyst consensus estimate of $(0.17) by 29.41%. However, the company's quarterly sales of $1.38 million missed the analyst consensus estimate of $3.34 million by 58.68%.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 9:03 am

EHang Holdings (NASDAQ:EH) is set to release its latest quarterly earnings report on August 17, 2023. Analysts estimate an earnings per share (EPS) of $-0.17. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. The stock is currently trading at $20.48 and has seen a 168.98% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 3:01 pm

Several industrial stocks experienced significant movement during Friday's intraday session. Gainers included Costamare (CMRE), Greenwave Tech Solns (GWAV), Huron Consulting Gr (HURN), American Superconductor (AMSC), EHang Holdings (EH), and SkyWest (SKYW). Losers included Eos Energy Enterprises (EOSE), TPI Composites (TPIC), Innovate (VATE), Moog (MOG), and Exponent (EXPO). The movements were largely driven by recent Q2 earnings reports.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 5:31 pm

During Tuesday's intraday session, several industrials stocks experienced significant movements. Markforged Holding (MKFG), Shengfeng Development (SFWL), Sunworks (SUNW), Lichen China (LICN), EHang Holdings (EH), and Momentus (MNTS) saw their stocks rise, with increases ranging from 9.11% to 20.5%. On the other hand, TrueBlue (TBI), RTX (RTX), Erayak Power Solution Gr (RAYA), Alaska Air Gr (ALK), Nikola (NKLA), and VCI Global (VCIG) saw their stocks fall, with decreases ranging from 8.42% to 18.1%.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 5:31 pm

Jim Cramer, host of CNBC's 'Mad Money Lightning Round', praised cloud-based monitoring company Datadog, Inc. (DDOG) and NVIDIA Corporation (NVDA), while expressing uncertainty about MYR Group (MYRG). He also discussed his mixed feelings about RH (EH). Super Micro Computer, Inc. (SMCI) was also mentioned. Stock prices varied, with RH and MYR Group experiencing a slight decrease and increase respectively, while Super Micro Computer and Datadog saw more significant gains.

Portfolio Pulse from Lisa Levin

July 14, 2023 | 1:58 pm

EHang Holdings Limited (NASDAQ:EH) has signed a Memorandum of Understanding with the Bao'an District Government of Shenzhen municipality for a strategic partnership in urban air mobility. The partnership will focus on commercial operations of EH216-S autonomous aerial vehicles (AAVs) and the development of use cases, systems, and routes. The Bao'an District Government will provide support for AAV procurement, financial leasing, infrastructure construction, and low-altitude operations. EHang plans to establish an Operation Demonstration Center, an Assembly and Delivery Center, a Research and Development Testing Center, and a Maintenance Support Center in Bao'an District.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 12:33 pm

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