NIO Inc ADR (NYSE: NIO) is 15.37% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NIO stock was last observed hovering at around $4.90 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $5.03, the stock is 10.21% and 14.33% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 37.74 million and changing 2.65% at the moment leaves the stock 6.69% off its SMA200. NIO registered -15.03% loss for a year compared to 6-month loss of -4.73%. The firm has a 50-day simple moving average (SMA 50) of $4.3994 and a 200-day simple moving average (SMA200) of $4.71465.
The stock witnessed a 18.08% gain in the last 1 month and extending the period to 3 months gives it a 7.71%, and is 12.78% 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 7.69% over the week and 6.12% over the month.
NIO Inc ADR (NIO) has around 32820 employees, a market worth around $9.68B and $8.76B in sales. Profit margin for the company is -33.46%. Distance from 52-week low is 39.34% and -34.76% from its 52-week high. The company has generated returns on investments over the last 12 months (-61.92%).
with sales reaching $20.19B over the same period.The EPS is expected to grow by 11.69% this year, but quarterly earnings will post 23.05% year-over-year. Quarterly sales are estimated to grow 18.06% in year-over-year returns.
NIO Inc ADR (NIO) Top Institutional Holders
572.0 institutions hold shares in NIO Inc ADR (NIO), with institutional investors hold 9.86% of the company’s shares. The shares outstanding are 1.94B, and float is at 1.92B with Short Float at 11.14%. Institutions hold 9.61% of the Float.
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 0.7687% 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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