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Niu Technologies ADR (NIU): These Numbers Show Where NASDAQ:NIU Stock Is Going Next

Niu Technologies ADR (NASDAQ: NIU) is 27.85% higher on its value in year-to-date trading and has touched a low of $1.57 and a high of $2.88 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NIU stock was last observed hovering at around $2.74 in the last trading session, with the day’s gains setting it 0.06%.

Currently trading at $2.80, the stock is 37.22% and 44.46% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.97 million and changing 2.19% at the moment leaves the stock 42.76% off its SMA200. NIU registered 6.46% gain for a year compared to 6-month loss of 45.83%. The firm has a 50-day simple moving average (SMA 50) of $1.9552 and a 200-day simple moving average (SMA200) of $1.9646.

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The stock witnessed a 53.85% gain in the last 1 month and extending the period to 3 months gives it a 26.70%, and is 26.13% 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 9.11% over the week and 5.86% over the month.

Niu Technologies ADR (NIU) has around 550 employees, a market worth around $194.01M and $394.22M in sales. Fwd P/E is 10.79. Profit margin for the company is -10.15%. Distance from 52-week low is 78.91% and -2.95% 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 131.87% this year, but quarterly earnings will post 31.80% year-over-year.

Niu Technologies ADR (NIU) Top Institutional Holders

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.

Niu Technologies ADR (NIU) Insider Activity

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