Niu Technologies ADR (NASDAQ: NIU) is -0.91% lower on its value in year-to-date trading and has touched a low of $1.57 and a high of $2.99 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 NIU stock was last observed hovering at around $2.00 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $2.17, the stock is 16.75% and 14.94% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.52 million and changing 8.50% at the moment leaves the stock 11.24% off its SMA200. NIU registered -23.05% loss for a year compared to 6-month gain of 27.65%. The firm has a 50-day simple moving average (SMA 50) of $1.8886 and a 200-day simple moving average (SMA200) of $1.951.
The stock witnessed a 14.81% loss in the last 1 month and extending the period to 3 months gives it a 28.40%, and is 13.02% up 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 5.92% over the week and 4.42% over the month.
Niu Technologies ADR (NIU) has around 550 employees, a market worth around $150.36M and $394.22M in sales. Fwd P/E is 8.36. Profit margin for the company is -10.15%. Distance from 52-week low is 38.66% and -27.45% from its 52-week high. The company has generated returns on investments over the last 12 months (-28.28%).
The EPS is expected to grow by 131.84% this year
The shares outstanding are 69.29M, and float is at 69.27M with Short Float at 1.54%.
The top institutional shareholder in the company is MORGAN STANLEY with over 1.25 million shares valued at $2.17 million. The investor’s holdings represent 1.5834 of the NIU Shares outstanding. As of 2024-06-30, the second largest holder is POLUNIN CAPITAL PARTNERS LTD with 1.13 million shares valued at $1.97 million to account for 1.4327 of the shares outstanding. The other top investors are CARMIGNAC GESTION which holds 0.88 million shares representing 1.1127 and valued at over $1.53 million, while GOLDMAN SACHS GROUP INC holds 1.0459 of the shares totaling 0.82 million with a market value of $1.44 million.
