Hesai Group (NASDAQ:HSAI – Get Free Report)’s share price traded down 4.9% on Tuesday . The stock traded as low as $4.22 and last traded at $4.25. 152,478 shares were traded during mid-day trading, a decline of 82% from the average session volume of 848,064 shares. The stock had previously closed at $4.47.
Hesai Group Trading Up 4.7 %
The firm’s fifty day moving average price is $4.58 and its two-hundred day moving average price is $7.34. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.29 and a quick ratio of 2.92.
Hesai Group (NASDAQ:HSAI – Get Free Report) last released its quarterly earnings results on Monday, March 11th. The company reported ($0.11) earnings per share for the quarter. The firm had revenue of $79.04 million during the quarter. Hesai Group had a negative return on equity of 10.93% and a negative net margin of 25.38%. As a group, sell-side analysts anticipate that Hesai Group will post -0.02 earnings per share for the current year.
Institutional Inflows and Outflows
About Hesai Group
Hesai Group, through with its subsidiaries, engages in the development, manufacture, and sale of three-dimensional light detection and ranging solutions (LiDAR). Its LiDAR products are used in passenger and commercial vehicles with advanced driver assistance systems; autonomous passenger and freight mobility services; and other applications, such as delivery robots, street sweeping robots, and logistics robots in restricted areas.
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