EHang Holdings Ltd (EH) shares are rising on Tuesday morning as the autonomous aerial vehicle technology platform company completed the maiden flight of two-seater passenger grade AAV, EHang 216 in three Korean locations. The company has been exploring Urban Air Mobility or UAM capabilities.
Currently, the shares are at $13.47, up 6.31 percent from its previous close of $12.67. For the 52-week period, the shares have traded in a range of $7.59 to $16.24 on average volume of 185,726. The shares have been on a bullish trend since the end of October.
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