Nomura Holdings Inc. Invests $396,000 in EHang Holdings Limited (NASDAQ:EH)

Nomura Holdings Inc. acquired a new stake in EHang Holdings Limited (NASDAQ:EH) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 23,568 shares of the company’s stock, valued at approximately $396,000.

A number of other large investors have also recently bought and sold shares of EH. Jump Financial LLC acquired a new position in EHang during the fourth quarter valued at approximately $177,000. Aigen Investment Management LP acquired a new position in EHang in the 4th quarter valued at $180,000. Dfpg Investments LLC raised its holdings in EHang by 26.5% in the 4th quarter. Dfpg Investments LLC now owns 20,073 shares of the company’s stock worth $312,000 after acquiring an additional 4,205 shares during the period. AdvisorShares Investments LLC acquired a new position in EHang during the 4th quarter worth $388,000. Finally, NewEdge Wealth LLC bought a new stake in EHang during the fourth quarter valued at about $446,000. 94.03% of the stock is currently owned by institutional investors.

EHang Trading Up 2.1 %

Shares of EHang stock opened at $14.35 on Friday. The company has a market cap of $911.31 million, a price-to-earnings ratio of -23.15 and a beta of 1.06. EHang Holdings Limited has a 1 year low of $9.51 and a 1 year high of $25.78. The company’s fifty day simple moving average is $16.73 and its 200-day simple moving average is $15.25. The company has a current ratio of 1.97, a quick ratio of 1.69 and a debt-to-equity ratio of 0.07.

EHang (NASDAQ:EH) last posted its quarterly earnings results on Monday, May 20th. The company reported ($0.14) earnings per share (EPS) for the quarter. The company had revenue of $8.55 million during the quarter. EHang had a negative return on equity of 145.90% and a negative net margin of 176.72%. As a group, sell-side analysts expect that EHang Holdings Limited will post -0.41 EPS for the current year.

Analysts Set New Price Targets

Separately, Morgan Stanley assumed coverage on EHang in a research note on Monday, May 6th. They issued an “overweight” rating and a $27.50 price objective on the stock.

EHang Profile

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.