Shares of WeRide Inc. (NASDAQ:WRD – Get Free Report) dropped 5.6% during trading on Tuesday . The stock traded as low as $16.90 and last traded at $17.01. Approximately 313,974 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 1,964,725 shares. The stock had previously closed at $18.01.
WeRide Trading Up 0.1 %
WeRide (NASDAQ:WRD – Get Free Report) last posted its 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. On average, equities research analysts expect that WeRide Inc. will post -0.68 EPS 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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