DENVER, Colo., Oct 13, 2023 (www.247marketnews.com)- EHang Holdings Limited (NASDAQ: EH) reported, this morning, that it obtained the type certificate (“TC”), from the Civil Aviation Administration of China (“CAAC”), for itsEH216-S self-developed passenger-carrying unmanned aerial vehicle (“UAV”) system.
EHang is trading at $23.69, up $6.59 (+38.54%), on 928.97K premarket shares traded.
Its 52-week range is $ 3.3208 to $23.24. It’s trading above its 52-week high, which is a key support level, but as a foreign based listing this one will likely trade better in the premarket and morning, so it’s probably best to think scalp or swing.
24/7 MARKET NEWS, INC Disclaimer
24/7 MARKET NEWS (“24/7 MN”) is dedicated to covering various underreported segments of the stock markets. Our goal is to help you to better understand these markets, but 24/7 MN is neither an investment advisor nor a financial advisor, and no information provided here is to be interpreted as a suggestion to buy or sell stocks or other investment products. All opinions, news, research, analysis, prices or other information contained on 247marketnews.com, its press releases, or other services are provided for educational purposes only and do not constitute investment advice. You are solely responsible for the investment decisions you make.