NIO Inc. [NYSE: NIO] opened at $1.73 and closed at $1.70 a share within trading session on 10/08/19. That means that the stock dropped by -3.53% compared to the closing price from a day before, when the stock touched $1.64.
Between the start and the closing of the latest trading session, NIO Inc. [NYSE: NIO] had 18.71 million shares being bought and sold. In the last three months, average trading volumes hovered around 28.65M shares. During the last week, volatility in the share price was set at 16.79%, which placed the metric for the last 30 days at 10.59%. The price of the stock additionally went down to $1.19 during that period and NIO managed to take a rebound to $10.64 in the last 52 weeks.
NIO Inc. [NYSE:NIO]: Analyst Rating and Earnings
Its stock price has been found in the range of 1.19 to 10.64. This is compared to its latest closing price of $1.70.
Pay attention for this company’s financial results, of which the next release is scheduled to happen on Tue 5 Nov (In 27 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 -0.37. The Enterprise Value to Sales for this firm is now 0.43, 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 1.07B shares outstanding, amounting to a total market cap of $1.81B. Its stock price has been found in the range of 1.19 to 10.64. At its current price, it has moved down by -84.59% from its 52-week high, and it has moved up 37.82% from its 52-week low.
This stock’s Relative Strength Index (RSI) is at 32.26. 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.