NIO Inc ADR (NYSE: NIO) is -12.61% 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 $3.75 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $3.81, the stock is -16.10% and -13.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 64.64 million and changing 1.60% at the moment leaves the stock -18.64% off its SMA200. NIO registered -18.42% loss for a year compared to 6-month loss of -34.08%. The firm has a 50-day simple moving average (SMA 50) of $4.4156 and a 200-day simple moving average (SMA200) of $4.68285.
The stock witnessed a -17.71% gain in the last 1 month and extending the period to 3 months gives it a -18.76%, and is -13.01% down 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 5.37% over the week and 5.82% over the month.
Profit margin for the company is -34.47%. Distance from 52-week low is 5.54% and -50.58% from its 52-week high. The company has generated returns on investments over the last 12 months (-80.17%).
with sales reaching $12.46B over the same period.The EPS is expected to grow by 21.45% this year, but quarterly earnings will post 38.57% year-over-year. Quarterly sales are estimated to grow 25.74% 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 9.85% of the company’s shares. The shares outstanding are 1.92B, and float is at 1.92B with Short Float at 9.38%. 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 2.9499% 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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