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The price of Niu Technologies ADR (NASDAQ: NIU) closed at $2.08 in the last session, up 0.97% from day before closing price of $2.06. In other words, the price has increased by $0.97 from its previous closing price. On the day, 0.62 million shares were traded. NIU stock price reached its highest trading level at $2.135 during the session, while it also had its lowest trading level at $2.035.
Ratios:
We take a closer look at NIU’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.28 and its Current Ratio is at 1.64. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.00.
On February 07, 2023, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $11.40 to $5.90.
On April 14, 2022, Jefferies started tracking the stock assigning a Hold rating and target price of $10.50.Jefferies initiated its Hold rating on April 14, 2022, with a $10.50 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NIU now has a Market Capitalization of 161404864 and an Enterprise Value of -542301568. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.38. Its current Enterprise Value per Revenue stands at -0.205 whereas that against EBITDA is 3.102.
Stock Price History:
Over the past 52 weeks, NIU has reached a high of $4.82, while it has fallen to a 52-week low of $1.57. The 50-Day Moving Average of the stock is 11.76%, while the 200-Day Moving Average is calculated to be -15.52%.
Shares Statistics:
According to the various share statistics, NIU traded on average about 416.93K shares per day over the past 3-months and 527870 shares per day over the past 10 days. A total of 68.86M shares are outstanding, with a floating share count of 68.85M. Insiders hold about 0.02% of the company’s shares, while institutions hold 13.24% stake in the company. Shares short for NIU as of 1711584000 were 1309518 with a Short Ratio of 3.14, compared to 1709164800 on 1175344. Therefore, it implies a Short% of Shares Outstanding of 1309518 and a Short% of Float of 2.3599999.
