NIO Inc ADR (NYSE: NIO) is -19.50% 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 loss setting it -0.11%.
Currently trading at $3.51, the stock is -5.96% and -7.09% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 39.14 million and changing -3.04% at the moment leaves the stock -22.87% off its SMA200. NIO registered -21.30% loss for a year compared to 6-month loss of -26.42%.
The stock witnessed a -15.01% gain in the last 1 month and extending the period to 3 months gives it a -28.37%, and is -3.31% 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 4.25% over the week and 2.75% over the month.
NIO Inc ADR (NIO) has around 45635 employees, a market worth around $6.82B and $9.41B in sales. Profit margin for the company is -35.76%. Distance from 52-week low is 16.23% and -54.47% 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 20.35% this year.
NIO Inc ADR (NIO) Top Institutional Holders
The shares outstanding are 1.94B, and float is at 1.94B with Short Float at 10.52%.
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.
