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The price of Niu Technologies ADR (NASDAQ: NIU) closed at $2.27 in the last session, down -5.42% from day before closing price of $2.40. In other words, the price has decreased by -$5.42 from its previous closing price. On the day, 1.26 million shares were traded. NIU stock price reached its highest trading level at $2.4324 during the session, while it also had its lowest trading level at $2.17.
Ratios:
We take a closer look at NIU’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 1.39. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.00.
On February 07, 2023, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $11.40 to $5.90.
On April 14, 2022, Jefferies started tracking the stock assigning a Hold rating and target price of $10.50.Jefferies initiated its Hold rating on April 14, 2022, with a $10.50 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NIU now has a Market Capitalization of 187012368 and an Enterprise Value of -575314176. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.40 while its Price-to-Book (P/B) ratio in mrq is 1.11. Its current Enterprise Value per Revenue stands at -0.202 whereas that against EBITDA is 2.959.
Stock Price History:
Over the past 52 weeks, NIU has reached a high of $3.50, while it has fallen to a 52-week low of $1.57. The 50-Day Moving Average of the stock is 5.09%, while the 200-Day Moving Average is calculated to be 13.75%.
Shares Statistics:
According to the various share statistics, NIU traded on average about 483.36K shares per day over the past 3-months and 568310 shares per day over the past 10 days. A total of 69.29M shares are outstanding, with a floating share count of 69.27M. Insiders hold about 0.02% of the company’s shares, while institutions hold 10.72% stake in the company. Shares short for NIU as of 1728950400 were 1710822 with a Short Ratio of 3.54, compared to 1726185600 on 1067637. Therefore, it implies a Short% of Shares Outstanding of 1710822 and a Short% of Float of 3.85.
