NIO Inc ADR (NYSE: NIO) is -26.35% lower on its value in year-to-date trading and has touched a low of $3.61 and a high of $9.57 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 $6.52 in the last trading session, with the day’s gains setting it 0.16%.
Currently trading at $6.68, the stock is 26.64% and 46.99% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 212.64 million and changing 2.45% at the moment leaves the stock 25.73% off its SMA200. NIO registered -25.03% loss for a year compared to 6-month loss of 43.97%. The firm has a 50-day simple moving average (SMA 50) of $4.5888 and a 200-day simple moving average (SMA200) of $5.31005.
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The stock witnessed a 69.54% gain in the last 1 month and extending the period to 3 months gives it a 50.45%, and is 25.56% 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 9.40% over the week and 7.82% over the month.
NIO Inc ADR (NIO) has around 32820 employees, a market worth around $12.85B and $8.78B in sales. Profit margin for the company is -32.46%. Distance from 52-week low is 85.04% and -30.20% from its 52-week high. The company has generated returns on investments over the last 12 months (-54.62%).
with sales reaching $2.76B over the same period.The EPS is expected to grow by 17.53% this year, but quarterly earnings will post 27.70% year-over-year.
NIO Inc ADR (NIO) Top Institutional Holders
The shares outstanding are 1.92B, and float is at 1.92B with Short Float at 8.51%.
The top institutional shareholder in the company is BLACKROCK INC. with over 60.47 million shares valued at $251.55 million. The investor’s holdings represent 2.9581% of the NIO Shares outstanding. As of 2024-06-30, the second largest holder is STATE STREET CORP with 21.94 million shares valued at $91.27 million to account for 1.0733 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 15.76 million shares representing 0.7708% and valued at over $65.55 million, while SUSQUEHANNA INTERNATIONAL GROUP, LLP holds 0.5816 of the shares totaling 11.89 million with a market value of $49.46 million.
NIO Inc ADR (NIO) Insider Activity
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