NAAS Stock Summary and Trading Ideas (Naas Technology - American Depositary Shares | NASDAQ:NAAS)

Naas Technology Inc is an electric vehicle charging service provider in China, whose vision is to power the world with carbon-neutral energy. It offers an integrated set of online solutions to charging station operators. wide range of offline services that simplify the daily operations of charging station operators, and of non-charging services such as food and beverage services to station operators.

Naas Technology - American Depositary Shares trades on the NASDAQ stock market under the symbol NAAS.

As of January 17, 2025, NAAS stock price declined to $1.58 with 102,419 million shares trading.

NAAS has a market cap of $21.78 million. This is considered a Sub-Micro Cap stock.

NAAS has underperformed the market in the last year with a price return of -94.0% while the SPY ETF gained +28.0%. NAAS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -51.5% and -22.9%, respectively, while the SPY returned +3.0% and +1.0%, respectively.

NAAS support price is $1.49 and resistance is $1.71 (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 NAAS shares will trade within this expected range on the day.