EHang (NASDAQ:EH) Shares Gap Down to $20.40

EHang Holdings Limited (NASDAQ:EHGet Free Report)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $20.40, but opened at $18.82. EHang shares last traded at $18.69, with a volume of 815,404 shares changing hands.

EHang Trading Up 6.1 %

The company’s fifty day simple moving average is $13.08 and its two-hundred day simple moving average is $15.00. The company has a quick ratio of 1.57, a current ratio of 1.81 and a debt-to-equity ratio of 0.04.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in EH. Nomura Holdings Inc. acquired a new stake in shares of EHang during the 4th quarter worth approximately $396,000. Quadrature Capital Ltd boosted its position in shares of EHang by 39.4% during the 4th quarter. Quadrature Capital Ltd now owns 76,970 shares of the company’s stock worth $1,294,000 after acquiring an additional 21,772 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of EHang by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 1,555,526 shares of the company’s stock worth $26,133,000 after acquiring an additional 6,014 shares in the last quarter. Barclays PLC boosted its position in shares of EHang by 77.3% during the 4th quarter. Barclays PLC now owns 51,650 shares of the company’s stock worth $868,000 after acquiring an additional 22,516 shares in the last quarter. Finally, AdvisorShares Investments LLC acquired a new stake in shares of EHang during the 4th quarter worth approximately $388,000. 94.03% of the stock is owned by institutional investors.

About EHang

(Get Free Report)

EHang Holdings Limited operates as an autonomous aerial vehicle (AAV) technology platform company in the People's Republic of China, East Asia, West 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.

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