EH Stock Summary and Trading Ideas (Ehang Holdings Limited - Ads | NASDAQ:EH)

EHang Holdings Ltd is an urban air mobility (UAM) technology platform company. It focuses on making safe, autonomous, eco-friendly air mobility accessible to everyone. EHang provides customers in various industries with unmanned aerial vehicle (UAV) systems and solutions: air mobility (including passenger transportation and logistics), smart city management, and aerial media solutions. EHang's EH216-S has received a production certificate and standard airworthiness certificate for passenger-carrying pilotless eVTOL aircraft issued by the Civil Aviation Administration of China. The group continues to explore the boundaries of the sky to make flying technologies benefit life in smart cities.

Ehang Holdings Limited - Ads trades on the NASDAQ stock market under the symbol EH.

As of February 21, 2025, EH stock price declined to $25.23 with 3,564,253 million shares trading.

EH has a beta of 1.74, meaning it tends to be more sensitive to market movements. EH has a correlation of 0.07 to the broad based SPY ETF.

EH has a market cap of $1.60 billion. This is considered a Small Cap stock.

Last quarter Ehang Holdings Limited - Ads reported $18 million in Revenue and $.03 earnings per share. This beat revenue expectation by $2 million and exceeded earnings estimates by $.15.

In the last 3 years, EH traded as high as $29.76 and as low as $3.32.

The top ETF exchange traded funds that EH belongs to (by Net Assets): KOMP, VXUS, VWO, VSS, SPEM.

EH has outperformed the market in the last year with a price return of +146.4% while the SPY ETF gained +22.2%. EH has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +65.1% and +38.7%, respectively, while the SPY returned +1.9% and -1.1%, respectively.

EH support price is $24.66 and resistance is $27.48 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EH shares will trade within this expected range on the day.