NIO Inc ADR (NYSE: NIO) is -38.48% lower on its value in year-to-date trading and has touched a low of $4.78 and a high of $16.18 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 $5.58 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $5.58, the stock is -3.58% and -9.79% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 33.56 million and changing 0.00% at the moment leaves the stock -34.95% off its SMA200. NIO registered -32.36% loss for a year compared to 6-month loss of -46.24%. The firm has a 50-day simple moving average (SMA 50) of $0.17 and a 200-day simple moving average (SMA200) of -$0.48.
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The stock witnessed a -7.00% gain in the last 1 month and extending the period to 3 months gives it a -24.90%, and is -3.79% 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 4.79% over the week and 5.45% over the month.
NIO Inc ADR (NIO) has around 26763 employees, a market worth around $8.76B and $7.81B in sales. Profit margin for the company is -38.25%. Distance from 52-week low is 16.74% and -65.51% from its 52-week high. The company has generated returns on investments over the last 12 months (-43.53%).
NIO Inc ADR quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to grow by 26.17% this year.
NIO Inc ADR (NIO) Top Institutional Holders
703 institutions hold shares in NIO Inc ADR (NIO), with institutional investors hold 24.28% of the company’s shares. The shares outstanding are 1.57B, and float is at 1.57B with Short Float at 11.41%. Institutions hold 22.76% of the Float.
The top institutional shareholder in the company is Baillie Gifford and Company with over 119.46 million shares valued at $1.16 billion. The investor’s holdings represent 7.61% of the NIO Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 66.79 million shares valued at $647.24 million to account for 4.25% of the shares outstanding. The other top investors are Vanguard Group Inc which holds 48.01 million shares representing 3.06% and valued at over $465.21 million, while State Street Corporation holds 1.55% of the shares totaling 24.27 million with a market value of $235.18 million.
