WeRide’s (NASDAQ:WRD – Get Free Report) lock-up period is set to expire on Wednesday, April 23rd. WeRide had issued 7,742,400 shares in its public offering on October 25th. The total size of the offering was $120,007,200 based on an initial share price of $15.50. After the expiration of the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.
WeRide Trading Down 4.6 %
NASDAQ:WRD opened at $8.23 on Friday. WeRide has a 12-month low of $8.19 and a 12-month high of $44.00. The company has a 50 day moving average of $16.81.
WeRide (NASDAQ:WRD – Get Free Report) last announced its quarterly earnings data on Friday, March 14th. The company reported ($0.29) earnings per share (EPS) for the quarter. The business had revenue of $19.29 million for the quarter. Equities analysts predict that WeRide will post -0.68 earnings per share for the current 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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