NIO Limited (NIO) Volatility At 8.85%, Should You Add A Position?

564 institutions hold shares in NIO Limited (NIO), with 7.99M shares held by insiders accounting for 0.56% while institutional investors hold 36.54% of the company’s shares. The shares outstanding are 1.21B, and float is at 1.13B with Short Float at 4.57%. Institutions hold 36.33% of the Float.


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The top institutional shareholder in the company is Baillie Gifford and Company with over 107.91 million shares valued at $5.26 billion. The investor’s holdings represent 8.35% of the NIO Shares outstanding. As of Dec 30, 2020, the second largest holder is Blackrock Inc. with 61.5 million shares valued at $3.0 billion to account for 4.76% of the shares outstanding. The other top investors are Vanguard Group, Inc. (The) which holds 39.69 million shares representing 3.07% and valued at over $1.93 billion, while State Street Corporation holds 2.10% of the shares totaling 27.12 million with a market value of $1.32 billion.

NIO Limited (NYSE: NIO) is -27.14% lower on its value in year-to-date trading and has touched a low of $2.22 and a high of $66.99 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NIO stock was last observed hovering at around $36.13 in the last trading session, with the day’s loss setting it -0.62% off its average median price target of $415.33 for the next 12 months. It is also 94.0% off the consensus price target high of $591.86 offered by 18 analysts, but current levels are 69.51% higher than the price target low of $116.46 for the same period.

Currently trading at $35.51, the stock is -14.93% and -30.09% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 82.91 million and changing -1.72% at the moment leaves the stock 8.33% off its SMA200. NIO registered 1150.35% gain for a year compared to 6-month gain of 93.83%. The firm has a 50-day simple moving average (SMA 50) of $47.31 and a 200-day simple moving average (SMA200) of $42.20.

The stock witnessed a -22.43% loss in the last 1 month and extending the period to 3 months gives it a -22.42%, and is -17.30% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.85% over the week and 9.60% over the month.

NIO Limited (NIO) has around 7442 employees, a market worth around $58.65B and $2.48B in sales. Profit margin for the company is -51.50%. Distance from 52-week low is 1499.55% and -46.99% from its 52-week high. The company has generated returns on investments over the last 12 months (-505.80%).

NIO Limited (NIO) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for NIO Limited (NIO) is a “Overweight”. 18 analysts offering their recommendations for the stock have an average rating of 2.30, where 6 rate it as a Hold and 0 think it is a “Overweight”. 11 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.

NIO Limited is expected to release its quarterly report on 06/02/2021 and quarterly earnings per share for the current quarter are estimated at -$0.15 with sales reaching $943.06M over the same period.The EPS is expected to grow by 51.30% this year, but quarterly earnings will post 107.00% year-over-year. Quarterly sales are estimated to grow 381.60% in year-over-year returns.

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