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 has received a production certificate from the CAAC, enabling mass production of its EH216-S pilotless eVTOL aircraft. This regulatory approval marks a significant milestone for EHang, potentially accelerating its commercialization efforts and expanding its market presence.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 6:58 am

EHang Holdings experienced a significant options trading activity, with a sweep of 565 May 17 $30 calls at $0.7 each, when the stock was trading at $20.98. This indicates a bullish sentiment among investors for EH's stock in the short term.

Portfolio Pulse from Charles Gross

March 28, 2024 | 4:50 pm

EHang Holdings Limited (NASDAQ:EH) shares are up following the announcement of Japan's first urban air mobility (UAM) Center in Tsukuba City, established in partnership with AirX Inc. The center, which includes a demonstration flight site and maintenance base for EHang's EH216-S aircraft, marks a significant step in urban air mobility. The UAM Center can accommodate about 25 EH216-S units and serves various modern air mobility demands. The EH216-S has already conducted flights in 12 cities in Japan, demonstrating its versatility. EHang's stock has seen a significant increase, gaining over 96% in the past year.

Portfolio Pulse from Nabaparna Bhattacharya

March 22, 2024 | 3:02 pm

EHang Holdings Limited (EH) has launched Japan's first Urban Air Mobility Center in Tsukuba City, Ibaraki Prefecture. This facility will serve as a demonstration site, infrastructure, and maintenance base for EHang's pilotless eVTOL aircraft, marking a significant milestone in Japan's air mobility industry.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 11:23 am

Science Applications International Corporation (SAIC) shares fell over 10% after reporting Q4 fiscal 2024 earnings below estimates, despite beating revenue consensus. Other stocks experienced significant movements, with Canoo Inc. (GOEV) surging 95% after its facility was approved as a Foreign Trade Zone, and various companies seeing gains due to positive developments or analyst upgrades. Conversely, several companies faced declines due to disappointing financial results, regulatory issues, or strategic decisions.

Portfolio Pulse from Avi Kapoor

March 18, 2024 | 6:37 pm

U.S. stocks were higher on Monday, with notable gains in shares of Alphabet Inc., Nvidia, PepsiCo, and other companies. Alphabet shares rose 6.3% following reports of discussions with Apple to integrate Google Gemini into iPhones. Other stocks like Brand Engagement Network, Nuvei Corp, and NuScale Power Corporation also recorded significant gains. Nvidia and PepsiCo saw their stock prices increase after positive analyst ratings and upgrades.

Portfolio Pulse from Avi Kapoor

March 18, 2024 | 2:13 pm

EHang Holdings Ltd (NASDAQ:EH) shares are trading higher after the company began selling its EH216-S flying taxi on Taobao for $332,000. This follows safety approval from the Civil Aviation Administration of China. EHang's stock has seen significant growth, with a 95.77% increase over the past year and a 71.88% increase over the past month. However, its current RSI of 79.91 suggests it may be overbought.

Portfolio Pulse from Adam Eckert

March 18, 2024 | 1:11 pm

In Monday's pre-market session, several industrials stocks showed significant movement. Solidion Technology led the gainers with a 98.3% increase, while Pineapple Energy experienced the largest drop among the losers, falling 9.1%. Notably, EHang Holdings and Science Applications Intl released their Q4 earnings, influencing their stock prices.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 1:05 pm

Nuvei's shares surged 33% amid reports of buyout talks with Advent International. 2seventy Bio's stock jumped 50% following an FDA Advisory Committee's favorable vote on Abecma for multiple myeloma. EHang's shares increased 17% as the company started selling its EH216-S flying taxi on Taobao.

Portfolio Pulse from ryanfaloona@benzinga.com

March 18, 2024 | 12:44 pm

EHang's stock price increased following the announcement that it has started selling its EH216-S flying taxi on Taobao, a popular online shopping platform.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:31 am

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