After finishing at $5.65 in the prior trading day, NIO Inc ADR (NYSE: NIO) closed at $5.78, up 2.30%. In other words, the price has increased by $+0.13 from its previous closing price. On the day, 53316399 shares were traded. NIO stock price reached its highest trading level at $5.93 during the session, while it also had its lowest trading level at $5.72.
Ratios:
Our goal is to gain a better understanding of NIO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 2.05 whereas as Long-Term Debt/Eq ratio is at 1.33.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on February 23, 2024, Downgraded its rating to Underweight and sets its target price to $5 from $8.50 previously.
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 12.12B and an Enterprise Value of 11.19B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.18 while its Price-to-Book (P/B) ratio in mrq is 4.62. Its current Enterprise Value per Revenue stands at 0.23 whereas that against EBITDA is -0.70.
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 $5.30. The 50-Day Moving Average of the stock is 6.90, while the 200-Day Moving Average is calculated to be 8.73.
Shares Statistics:
The stock has traded on average 63.85M shares per day over the past 3-months and 49.08M shares per day over the last 10 days, according to various share statistics. 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 27.49% stake in the company. Shares short for NIO as of Jan 31, 2024 were 161.06M with a Short Ratio of 2.52, compared to 166.21M on Dec 29, 2023.
Earnings Estimates
Its stock is currently analyzed by 0 different market analysts. 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.
