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After finishing at $4.01 in the prior trading day, NIO Inc ADR (NYSE: NIO) closed at $4.15, up 3.49%. In other words, the price has increased by $3.49 from its previous closing price. On the day, 34.29 million shares were traded. NIO stock price reached its highest trading level at $4.22 during the session, while it also had its lowest trading level at $4.05.
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 1.12 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 0.91.
On April 02, 2024, Barclays Downgraded its rating to Underweight which previously was Equal Weight but kept the price unchanged to $4.
Mizuho Downgraded its Buy to Neutral on March 25, 2024, while the target price for the stock was maintained at $5.50.
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 8661174272 and an Enterprise Value of -2624930048. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83 while its Price-to-Book (P/B) ratio in mrq is 2.20. Its current Enterprise Value per Revenue stands at -0.047 whereas that against EBITDA is 0.136.
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 $3.61. The 50-Day Moving Average of the stock is -18.91%, while the 200-Day Moving Average is calculated to be -48.18%.
Shares Statistics:
The stock has traded on average 53.12M shares per day over the past 3-months and 47580420 shares per day over the last 10 days, according to various share statistics. A total of 1.91B shares are outstanding, with a floating share count of 1.54B. Insiders hold about 0.63% of the company’s shares, while institutions hold 21.76% stake in the company. Shares short for NIO as of 1711584000 were 170681253 with a Short Ratio of 3.74, compared to 1709164800 on 179203421.
