Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of NIO Inc ADR (NYSE: NIO) was $4.39 for the day, down -0.90% from the previous closing price of $4.43. In other words, the price has decreased by -$0.90 from its previous closing price. On the day, 33.81 million shares were traded. NIO stock price reached its highest trading level at $4.4699 during the session, while it also had its lowest trading level at $4.3.
Ratios:
Our analysis of NIO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 1.15. In the meantime, Its Debt-to-Equity ratio is 1.59 whereas as Long-Term Debt/Eq ratio is at 1.04.
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 May 15, 2024, Upgraded its rating to Neutral and sets its target price to $5.40 from $4.80 previously.
Barclays Downgraded its Equal Weight to Underweight on April 02, 2024, while the target price for the stock was maintained at $4.
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 9277123584 and an Enterprise Value of 7414688768. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.10 while its Price-to-Book (P/B) ratio in mrq is 3.21. Its current Enterprise Value per Revenue stands at 0.135 whereas that against EBITDA is -0.382.
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 -7.04%, while the 200-Day Moving Average is calculated to be -26.88%.
Shares Statistics:
NIO traded an average of 50.82M shares per day over the past three months and 38469950 shares per day over the past ten days. A total of 1.91B shares are outstanding, with a floating share count of 1.91B. Insiders hold about 0.01% of the company’s shares, while institutions hold 17.50% stake in the company. Shares short for NIO as of 1721001600 were 185025838 with a Short Ratio of 3.63, compared to 1718323200 on 188565677.
Earnings Estimates
The dynamic stock of NIO Inc ADR (NIO) is currently being evaluated by a team of 6.0 analysts, each contributing to its current rating.On average, analysts expect EPS of -$0.3 for the current quarter, with a high estimate of -$0.26 and a low estimate of -$0.31, while EPS last year was -$0.46. The consensus estimate for the next quarter is -$0.28, with high estimates of -$0.22 and low estimates of -$0.32.
Analysts are recommending an EPS of between -$0.38 and -$1.6 for the fiscal current year, implying an average EPS of -$1.17. EPS for the following year is -$0.88, with 16.0 analysts recommending between $0.1 and -$1.59.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. It ranges from a high estimate of $2.63B to a low estimate of $2.27B. As of the current estimate, NIO Inc ADR’s year-ago sales were $1.26BFor the next quarter, 7 analysts are estimating revenue of $2.53B. There is a high estimate of $2.73B for the next quarter, whereas the lowest estimate is $2.32B.
A total of 23 analysts have provided revenue estimates for NIO’s current fiscal year. The highest revenue estimate was $17.33B, while the lowest revenue estimate was $8.23B, resulting in an average revenue estimate of $9.56B. In the same quarter a year ago, actual revenue was $7.81BBased on 22 analysts’ estimates, the company’s revenue will be $13.35B in the next fiscal year. The high estimate is $20.72B and the low estimate is $9.07B.
