Niu Technologies ADR (NASDAQ: NIU) is 87.71% higher on its value in year-to-date trading and has touched a low of $1.65 and a high of $4.90 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 NIU stock was last observed hovering at around $3.15 in the last trading session, with the day’s gains setting it 0.21%.
Currently trading at $3.36, the stock is -5.33% and -0.56% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.71 million and changing 6.67% at the moment leaves the stock 31.22% off its SMA200. NIU registered 90.91% gain for a year compared to 6-month gain of 80.65%.
The stock witnessed a -1.75% loss in the last 1 month and extending the period to 3 months gives it a -4.27%, and is -3.17% 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 5.30% over the week and 6.42% over the month.
Niu Technologies ADR (NIU) has around 642 employees, a market worth around $234.16M and $480.38M in sales. Fwd P/E is 8.71. Profit margin for the company is -5.12%. Distance from 52-week low is 103.64% and -31.43% from its 52-week high. The company has generated returns on investments over the last 12 months (-19.76%).
The EPS is expected to grow by 199.82% this year.
Niu Technologies ADR (NIU) Top Institutional Holders
The shares outstanding are 69.69M, and float is at 69.68M with Short Float at 0.89%.
The top institutional shareholder in the company is MORGAN STANLEY with over 1.25 million shares valued at $2.17 million. The investor’s holdings represent 1.5751% of the NIU Shares outstanding. As of 2024-06-30, the second largest holder is POLUNIN CAPITAL PARTNERS LTD with 1.13 million shares valued at $1.97 million to account for 0.7126 of the shares outstanding. The other top investors are CARMIGNAC GESTION which holds 0.88 million shares representing 0.5534% and valued at over $1.53 million, while GOLDMAN SACHS GROUP INC holds 0.5202 of the shares totaling 0.82 million with a market value of $1.44 million.
Niu Technologies ADR (NIU) Insider Activity
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