WeRide Inc. (NASDAQ:WRD – Get Free Report) shares were down 13.6% during mid-day trading on Monday . The company traded as low as $9.40 and last traded at $9.70. 387,671 shares traded hands during mid-day trading, a decline of 78% from the average session volume of 1,789,145 shares. The stock had previously closed at $11.23.
WeRide Trading Down 9.4 %
WeRide (NASDAQ:WRD – Get Free Report) last announced its earnings results on Friday, March 14th. The company reported ($0.29) earnings per share (EPS) for the quarter. The business had revenue of $19.29 million during the quarter. As a group, equities analysts anticipate that WeRide Inc. will post -0.68 earnings per share for the current year.
WeRide Company Profile
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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