WeRide Inc. (NASDAQ:WRD – Get Free Report) shares traded down 5.6% on Tuesday . The company traded as low as $16.90 and last traded at $17.01. 313,974 shares traded hands during mid-day trading, a decline of 84% from the average session volume of 1,964,725 shares. The stock had previously closed at $18.01.
WeRide Stock Down 5.1 %
WeRide (NASDAQ:WRD – Get Free Report) last posted its quarterly earnings results on Friday, March 14th. The company reported ($0.29) earnings per share for the quarter. The firm had revenue of $19.29 million for the quarter. Research analysts forecast that WeRide Inc. will post -0.68 earnings per share for the current fiscal year.
About WeRide
WeRide, Inc engages in the development of an autonomous driving technology platform. It offers Robotaxi, Robobus, Robovan, Robosweeper, and advanced driving solutions, providing smart services in online ride-hailing, on-demand transport, urban logistics, and environmental sanitation. The company was founded by Tony Xu Han and Yan Li in February 2017 and is headquartered in Guangzhou, China.
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