NIO Inc ADR (NYSE: NIO) is -0.92% lower on its value in year-to-date trading and has touched a low of $3.61 and a high of $7.71 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 $4.27 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $4.32, the stock is 0.07% and -3.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 36.81 million and changing 1.17% at the moment leaves the stock -9.50% off its SMA200. NIO registered -28.48% loss for a year compared to 6-month gain of -2.48%. The firm has a 50-day simple moving average (SMA 50) of $4.481 and a 200-day simple moving average (SMA200) of $4.77495.
The stock witnessed a -6.49% loss in the last 1 month and extending the period to 3 months gives it a -13.25%, and is 3.35% 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 4.33% over the week and 4.35% over the month.
NIO Inc ADR (NIO) has around 32820 employees, a market worth around $8.31B and $8.76B in sales. Profit margin for the company is -33.46%. Distance from 52-week low is 19.67% and -43.97% from its 52-week high. The company has generated returns on investments over the last 12 months (-61.92%).
with sales reaching $20.17B over the same period.The EPS is expected to grow by 12.34% this year, but quarterly earnings will post 23.08% year-over-year. Quarterly sales are estimated to grow 17.95% 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 8.07%.
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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