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As of close of business last night, NIO Inc ADR’s stock clocked out at $4.62, up 3.12% from its previous closing price of $4.48. In other words, the price has increased by $3.12 from its previous closing price. On the day, 24.23 million shares were traded. NIO stock price reached its highest trading level at $4.68 during the session, while it also had its lowest trading level at $4.51.
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 0.93 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 2.99 whereas as Long-Term Debt/Eq ratio is at 1.93.
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, Goldman on November 25, 2024, Downgraded its rating to Sell and sets its target price to $3.90 from $4.80 previously.
On November 20, 2024, Macquarie Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $6.60 to $4.80.
Macquarie Upgraded its Neutral to Outperform on October 28, 2024, while the target price for the stock was maintained at $6.60.
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 9455892480 and an Enterprise Value of 11028823040. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.01 while its Price-to-Book (P/B) ratio in mrq is 5.97. Its current Enterprise Value per Revenue stands at 0.174 whereas that against EBITDA is -0.599.
Stock Price History:
Over the past 52 weeks, NIO has reached a high of $9.57, while it has fallen to a 52-week low of $3.61. The 50-Day Moving Average of the stock is -4.73%, while the 200-Day Moving Average is calculated to be -4.52%.
Shares Statistics:
It appears that NIO traded 67.59M shares on average per day over the past three months and 41762250 shares per day over the past ten days. A total of 1.94B shares are outstanding, with a floating share count of 1.92B. Insiders hold about 0.00% of the company’s shares, while institutions hold 9.89% stake in the company. Shares short for NIO as of 1730332800 were 186918199 with a Short Ratio of 2.29, compared to 1727654400 on 168610773. Therefore, it implies a Short% of Shares Outstanding of 186918199 and a Short% of Float of 12.58.
