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

22.45

Mkt cap

532M

Volume

2.8M

High

24.56

P/E Ratio

-51.45

52-wk high

29.76

Low

22.37

Div yield

N/A

52-wk low

10.40

The article lists the stocks that gained and lost the most during Friday's mid-day trading session. Among the gainers were Sigma Additive Solutions, Bio-Path Holdings, and Shift Technologies, while the losers included Bellerophon Therapeutics, Outset Medical, and MSP Recovery. The article also mentions several companies that reported better-than-expected earnings, such as Comtech Telecommunications and JPMorgan Chase, and others that lowered their guidance or reported worse-than-expected results, such as Belden and SMART Global Holdings.

Portfolio Pulse from Lisa Levin

October 13, 2023 | 5:14 pm

The UK's Competition and Markets Authority has approved Microsoft's $69B acquisition of Activision Blizzard. Google is testing generative AI functionalities for its search tool. Cassava Sciences faces controversy over scientific misconduct allegations. Ford is struggling with UAW negotiations. EHang shares are trading higher after obtaining a certificate for its EH216-S UAV system. OpenAI is valued at $90B and is close to selling shares. TSMC is seeking permanent US approval for chip supplies. Netflix plans to launch 'Netflix House' experiences. The Kroger-Albertsons deal faces potential legal challenges. Boeing and Spirit AeroSystems are inspecting 737 Max aircraft defects. Wells Fargo, JPMorgan, Citigroup, BlackRock, and UnitedHealth reported Q3 earnings. Porsche records a 10% surge in deliveries for the first three quarters.

Portfolio Pulse from Vandana Singh

October 13, 2023 | 1:48 pm

EHang Holdings (NASDAQ:EH) shares are trading higher after the company obtained a type certificate for the EH216-S passenger-carrying UAV system issued by the Civil Aviation Administration of China. The certificate simplifies the company's ability to get similar certificates for commercial operation in the U.S., Europe, and Southeast Asia. The company plans to expand overseas next year.

Portfolio Pulse from Nabaparna Bhattacharya

October 13, 2023 | 1:18 pm

EHang has obtained a type certificate for its EH216-S Passenger-Carrying UAV System from the Civil Aviation Administration of China. Dollar General shares are trading higher after the company updated its financial guidance for FY23 and announced Todd Vasos as the new CEO. JD.com shares are trading lower due to rumors of an arrest of a businessman with the same surname as the company's chairman and multiple analysts downgrading the stock and lowering their price targets.

Portfolio Pulse from ryanfaloona@benzinga.com

October 13, 2023 | 12:39 pm

EHang shares resumed trading and surged 82% after the company announced it has successfully obtained a type certificate for its EH216-S passenger-carrying UAV system from the Civil Aviation Administration of China.

Portfolio Pulse from Charles Gross

October 13, 2023 | 11:08 am

Trading of EHang Holdings Limited shares is set to resume at 7:00 AM ET.

Portfolio Pulse from Charles Gross

October 13, 2023 | 10:56 am

EHang Holdings Limited (NASDAQ:EH) has received a type certificate for its EH216-S passenger-carrying unmanned aerial vehicle system from the Civil Aviation Administration of China. This certification indicates that the EH216-S model design meets safety standards and airworthiness requirements, qualifying it for commercial operations. This is the world's first certificate for unmanned electric vertical take-off and landing aircraft, setting a benchmark for airworthiness certification of innovative eVTOLs globally.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 9:03 am

EHang Holdings Ltd (NASDAQ:EH) shares were halted on pending news ahead of the market open on Monday. The company announced that Nasdaq approved its request to temporarily suspend the trading of its American depositary shares. Shares are expected to resume trading later this week following an announcement concerning a significant development regarding its business operations.

Portfolio Pulse from Adam Eckert

October 09, 2023 | 1:35 pm

EHang Holdings Limited (NASDAQ:EH), an autonomous aerial vehicle technology platform company, has voluntarily requested and received approval from Nasdaq to temporarily suspend trading of its American depositary shares (ADSs) in anticipation of a significant business operations announcement. The suspension will last until no later than October 13, 2023.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 1:15 pm

During Monday's pre-market session, 12 industrial stocks experienced significant movement. AERWINS Technologies, Gaucho Group Holdings, Nxu, EHang Holdings, C3is, and Astra Space saw their stocks rise, while Tigo Energy, Applied UV, Momentus, TOMI Environmental Solns, FTC Solar, and Ideanomics experienced a decrease in their stock prices.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 1:06 pm

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