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As of close of business last night, NIO Inc ADR’s stock clocked out at $4.87, up 7.51% from its previous closing price of $4.53. In other words, the price has increased by $7.51 from its previous closing price. On the day, 72.45 million shares were traded. NIO stock price reached its highest trading level at $5.04 during the session, while it also had its lowest trading level at $4.59.
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 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 10164517888 and an Enterprise Value of 8395881472. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.22 while its Price-to-Book (P/B) ratio in mrq is 3.56. Its current Enterprise Value per Revenue stands at 0.153 whereas that against EBITDA is -0.432.
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 0.30%, while the 200-Day Moving Average is calculated to be -23.50%.
Shares Statistics:
It appears that NIO traded 51.39M shares on average per day over the past three months and 40457100 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 18.05% stake in the company. Shares short for NIO as of 1718323200 were 188565677 with a Short Ratio of 3.67, compared to 1715731200 on 167136577.
