Hesai Technology (HSAI, Financial) experienced a stock price drop of 5.14%. The stock is currently priced at $12.46 with a trading volume of 1.14952 million shares and a turnover rate of 0.90%. The stock's recent financial report shows revenue of $75.26 million, a net loss of $9.82 million, and earnings per share of -$0.08, with a gross profit of $35.93 million. The price-to-earnings ratio stands at -28.79. Among the eight institutions rating the stock, 88% recommend buying, while 12% suggest holding.
In the automotive parts sector, which saw a minor increase of 0.01%, Hesai's competitors like Carbon Revolution and Solid Power showed significant activity. Hesai Technology specializes in developing, manufacturing, and selling LiDAR solutions, serving markets such as North America, China, and Europe.
