As of close of business last night, NIO Inc ADR’s stock clocked out at $4.89, down -2.20% from its previous closing price of $5.00. In other words, the price has decreased by -$0.1100 from its previous closing price. On the day, 43276536 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 February 23, 2024, JP Morgan Downgraded its rating to Underweight which previously was Neutral and also lowered its target price recommendation 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 10.37B and an Enterprise Value of 8.28B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 3.91. Its current Enterprise Value per Revenue stands at 0.15 whereas that against EBITDA is -0.41.
Stock Price History:
Over the past 52 weeks, NIO has reached a high of $16.18, while it has fallen to a 52-week low of $4.78. The 50-Day Moving Average of the stock is 5.8568, while the 200-Day Moving Average is calculated to be 8.5062.
Shares Statistics:
It appears that NIO traded 60.53M shares on average per day over the past three months and 49.67M shares per day over the past ten days. A total of 1.57B shares are outstanding, with a floating share count of 1.56B. Insiders hold about 0.63% of the company’s shares, while institutions hold 27.53% stake in the company. Shares short for NIO as of Feb 29, 2024 were 179.2M with a Short Ratio of 2.96, compared to 161.06M on Jan 31, 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.
