NIO Inc. [NIO] took an upward turn with a change of -3.46%, trading at the price of $3.20 during the trading session on Thursday. The price movement in correlation with percentage of the mentioned increase can allow a valuable insight to investors. During the last trading session 8.43 million shares changed hands being bought and sold, while NIO Inc. shares have an average trading volume of 26.47M shares for that time period. NIO monthly volatility recorded 5.64%, in the meanwhile having share price volatility for the week set at 6.30%. PS value for NIO stocks is 3.76 with PB recorded at 10.71.
NIO Inc. [NYSE:NIO]: Analyst Rating and Earnings
Its stock price has been found in the range of 2.35 to 13.80. This is compared to its latest closing price of $3.32.
Keep your eyes peeled for the soon-to-be-published financial results of this company, which are expected to be made public on Tue 24 Sep (In 13 Days).
Fundamental Analysis of NIO Inc. [NIO]
Now let’s turn to look at profitability: with a current Operating Margin for NIO Inc. [NIO] sitting at -193.80 and its Gross Margin at -12.30.
This company’s Return on Total Capital is -96.01, and its Return on Invested Capital has reached -95.50%. Its Return on Equity is -130.08, and its Return on Assets is -66.91. These metrics suggest that this NIO Inc. does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
Turning to investigate this organization’s capital structure, NIO Inc. [NIO] has generated a Total Debt to Total Equity ratio of 47.34. Similarly, its Total Debt to Total Capital is 32.13, while its Total Debt to Total Assets stands at 17.18. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is -77.61, and its Long-Term Debt to Total Capital is 17.08.
What about valuation? This company’s Enterprise Value to EBITDA is -1.11. The Enterprise Value to Sales for this firm is now 2.05, and its Total Debt to Enterprise Value stands at 0.30. NIO Inc. [NIO] has a Price to Book Ratio of 6.72.
Similarly, this company’s Receivables Turnover is 4.05 and its Total Asset Turnover is 0.34. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 1.21 and its Current Ratio is 1.42. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
NIO Inc. [NIO] has 1.04B shares outstanding, amounting to a total market cap of $3.46B. Its stock price has been found in the range of 2.35 to 13.80. At its current price, it has moved down by -76.78% from its 52-week high, and it has moved up 36.38% from its 52-week low.
This stock’s Relative Strength Index (RSI) is at 55.82. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is NIO Inc. [NIO] a Reliable Buy?
Shares of NIO Inc. [NIO], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.