As of close of business last night, NIO Inc ADR’s stock clocked out at $4.50, down -3.64% from its previous closing price of $4.67. In other words, the price has decreased by -$0.1700 from its previous closing price. On the day, 54996388 shares were traded.
Ratios:
To gain a deeper understanding of NIO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 1.36 whereas as Long-Term Debt/Eq ratio is at 0.90.
On March 06, 2024, CLSA Downgraded its rating to Outperform which previously was Buy but kept the price unchanged to $6.
JP Morgan Downgraded its Neutral to Underweight on February 23, 2024, whereas the target price for the stock was revised from $8.50 to $5.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NIO now has a Market Capitalization of 9.96B and an Enterprise Value of 7.87B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.89 while its Price-to-Book (P/B) ratio in mrq is 3.60. Its current Enterprise Value per Revenue stands at 0.14 whereas that against EBITDA is -0.39.
Stock Price History:
The Beta on a monthly basis for NIO is 1.93, which has changed by -54.08% over the last 52 weeks, in comparison to a change of 27.39% over the same period for the S&P500. Over the past 52 weeks, NIO has reached a high of $16.18, while it has fallen to a 52-week low of $4.45. The 50-Day Moving Average of the stock is 5.6516, while the 200-Day Moving Average is calculated to be 8.3966.
Shares Statistics:
It appears that NIO traded 59.26M shares on average per day over the past three months and 61.88M shares per day over the past ten days. A total of 1.55B shares are outstanding, with a floating share count of 1.55B. Insiders hold about 0.63% of the company’s shares, while institutions hold 27.84% stake in the company. Shares short for NIO as of Mar 15, 2024 were 170.68M with a Short Ratio of 2.88, compared to 168.18M on Feb 15, 2024.
Earnings Estimates
As of right now, 0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
