Niu Technologies ADR (NASDAQ: NIU) is -8.22% lower on its value in year-to-date trading and has touched a low of $1.57 and a high of $3.50 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 $1.90 in the last trading session, with the day’s gains setting it 0.11%.
Currently trading at $2.01, the stock is 4.82% and -10.90% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.51 million and changing 5.79% at the moment leaves the stock -0.99% off its SMA200. NIU registered -8.64% loss for a year compared to 6-month gain of 4.69%. The firm has a 50-day simple moving average (SMA 50) of $2.2604 and a 200-day simple moving average (SMA200) of $2.02865.
The stock witnessed a -9.66% loss in the last 1 month and extending the period to 3 months gives it a 12.29%, and is 4.69% 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 5.01% over the week and 5.46% over the month.
Niu Technologies ADR (NIU) has around 550 employees, a market worth around $139.35M and $409.15M in sales. Fwd P/E is 4674.42. Profit margin for the company is -8.50%. Distance from 52-week low is 28.43% and -42.57% from its 52-week high. The company has generated returns on investments over the last 12 months (-24.71%).
The EPS is expected to grow by 9.32% this year.
Niu Technologies ADR (NIU) Top Institutional Holders
The shares outstanding are 69.33M, and float is at 69.31M with Short Float at 1.82%.
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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