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.
NIO Inc ADR (NYSE: NIO) closed the day trading at $4.39 up 0.23% from the previous closing price of $4.38. In other words, the price has increased by $0.23 from its previous closing price. On the day, 37.91 million shares were traded. NIO stock price reached its highest trading level at $4.48 during the session, while it also had its lowest trading level at $4.3.
Ratios:
For a better understanding of NIO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 0.99. In the meantime, Its Debt-to-Equity ratio is 5.66 whereas as Long-Term Debt/Eq ratio is at 3.80.
Goldman Downgraded its Neutral to Sell on November 25, 2024, whereas the target price for the stock was revised from $4.80 to $3.90.
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 9331296256 and an Enterprise Value of 16928206848. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.92 while its Price-to-Book (P/B) ratio in mrq is 5.67. Its current Enterprise Value per Revenue stands at 0.258 whereas that against EBITDA is -0.915.
Stock Price History:
The Beta on a monthly basis for NIO is 1.69, which has changed by -0.059957147 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, NIO has reached a high of $7.71, while it has fallen to a 52-week low of $3.61. The 50-Day Moving Average of the stock is -0.87%, while the 200-Day Moving Average is calculated to be -6.57%.
Shares Statistics:
Over the past 3-months, NIO traded about 54.47M shares per day on average, while over the past 10 days, NIO traded about 62056200 shares per day. A total of 1.92B shares are outstanding, with a floating share count of 1.92B. Insiders hold about 0.00% of the company’s shares, while institutions hold 9.77% stake in the company. Shares short for NIO as of 1740700800 were 214303351 with a Short Ratio of 3.93, compared to 1738281600 on 152751232. Therefore, it implies a Short% of Shares Outstanding of 214303351 and a Short% of Float of 14.42.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
