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EHang Holdings Ltd. (EH) shares are rising on Tuesday morning trade continuing a momentum since last week of June. The company reported today an increase in full-year revenue for the period, while net loss for the period widened.


RTTNews | Jun 15, 2021 10:14AM EDT

10:14 Tuesday, June 15, 2021 (RTTNews.com) - EHang Holdings Ltd. (EH) shares are rising on Tuesday morning trade continuing a momentum since last week of June. The company reported today an increase in full-year revenue for the period, while net loss for the period widened.

Revenue for the full year 2020 increased to RMB 180.09 million from RMB 121.81 million last year. The autonomous aerial vehicle technology platform company reported full-year net loss of RMB 92.04 million, compared to net loss of RMB 47.99 million in the previous year. Currently, shares are at $44.46, up 10.09 percent from the previous close of $40.38 on a volume of 4,174,096.

For the 52-week period, the shares have traded in a range of $7.59-$129.80 on average volume of 2,487,203.

Read the original article on RTTNews ( https://www.rttnews.com/3202496/stock-alert-ehang-holdings-gains-10.aspx)

For comments and feedback: contact editorial@rttnews.com

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