EHang Holdings Ltd ( EH ) shares are trading higher Monday after the company reportedly began selling its EH216-S flying taxi on Taobao.

What Happened: Aerial vehicle company EHang ( EH ) has started selling its EH216-S vehicle on Chinese online shopping platform Taobao for 2.39 million yuan ($332,000), according to Reuters.

The news comes after EHang ( EH ) gained safety approval from the Civil Aviation Administration of China in October. The regulator said at the time that EHang ( EH ) fully complied with its safety standards and airworthiness requirements, setting the stage for EH216-S to conduct passenger-carrying UAV operations.

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Should I Sell My EH Stock?

When deciding to hold on to or sell a stock, investors should consider their time horizon, unrealized gains and total return.

Shares of EHang ( EH ) have increased by 95.77% in the past year. An investor who bought shares of EHang Holdings ( EH ) at the beginning of the year would make a profit of $1.80 per share if they sold it today. The stock has risen 71.88% over the past month, meaning an investor who bought shares on Feb. 1 would see a capital gain of $7.36.

EHang Holdings ( EH ) shares have an all-time high of $46.31, representing 163.12% upside from current levels.

Investors may also consider market dynamics. The Relative Strength Index can be used to indicate whether a stock is overbought or oversold. EHang Holdings ( EH ) stock currently has an RSI of 79.91, indicating overbought conditions.

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EH Price Action: EHang ( EH ) shares were up 14.5% at $17.60 at the time of publication, according to Benzinga Pro.