NIO Inc ADR (NYSE: NIO) is -16.74% lower on its value in year-to-date trading and has touched a low of $3.02 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 $3.62 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $3.63, the stock is -5.44% and -4.38% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 31.01 million and changing 0.28% at the moment leaves the stock -20.38% off its SMA200. NIO registered -30.33% loss for a year compared to 6-month loss of -21.77%. The firm has a 50-day simple moving average (SMA 50) of $3.7964 and a 200-day simple moving average (SMA200) of $4.5589.
The stock witnessed a -5.47% gain in the last 1 month and extending the period to 3 months gives it a -18.79%, and is 2.54% 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 3.95% over the week and 2.71% over the month.
NIO Inc ADR (NIO) has around 45635 employees, a market worth around $7.05B and $9.41B in sales. Profit margin for the company is -35.76%. Distance from 52-week low is 20.20% and -52.92% from its 52-week high. The company has generated returns on investments over the last 12 months (-120.27%).
The EPS is expected to grow by 20.40% this year.
NIO Inc ADR (NIO) Top Institutional Holders
541.0 institutions hold shares in NIO Inc ADR (NIO), with institutional investors hold 12.36% of the company’s shares. The shares outstanding are 1.94B, and float is at 1.94B with Short Float at 10.52%. Institutions hold 12.05% 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 1.0703 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 0.58 of the shares totaling 11.89 million with a market value of $49.46 million.
