NIO Inc ADR (NYSE: NIO) is -49.94% 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 $4.40 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $4.54, the stock is -0.74% and -7.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 35.74 million and changing 3.18% at the moment leaves the stock -6.45% off its SMA200. NIO registered -42.68% loss for a year compared to 6-month gain of 2.25%. The firm has a 50-day simple moving average (SMA 50) of $4.9082 and a 200-day simple moving average (SMA200) of $4.85285.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -2.37% loss in the last 1 month and extending the period to 3 months gives it a -14.66%, and is 0.67% 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 4.65% over the week and 5.20% over the month.
NIO Inc ADR (NIO) has around 32820 employees, a market worth around $8.73B and $8.76B in sales. Profit margin for the company is -33.46%. Distance from 52-week low is 25.76% and -52.56% from its 52-week high. The company has generated returns on investments over the last 12 months (-61.92%).
with sales reaching $20.98B over the same period.The EPS is expected to grow by 12.64% this year, but quarterly earnings will post 23.25% year-over-year. Quarterly sales are estimated to grow 22.66% in year-over-year returns.
NIO Inc ADR (NIO) Top Institutional Holders
The shares outstanding are 1.94B, and float is at 1.92B with Short Float at 10.17%.
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
#####
