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The closing price of Niu Technologies ADR (NASDAQ: NIU) was $2.49 for the day, up 8.26% from the previous closing price of $2.30. In other words, the price has increased by $8.26 from its previous closing price. On the day, 0.8 million shares were traded. NIU stock price reached its highest trading level at $2.5 during the session, while it also had its lowest trading level at $2.22.
Ratios:
Our analysis of NIU’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 1.39. 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 193220256 and an Enterprise Value of -540434944. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 1.22. Its current Enterprise Value per Revenue stands at -0.19 whereas that against EBITDA is 2.78.
Stock Price History:
Over the past 52 weeks, NIU has reached a high of $2.85, while it has fallen to a 52-week low of $1.57. The 50-Day Moving Average of the stock is 31.30%, while the 200-Day Moving Average is calculated to be 27.46%.
Shares Statistics:
NIU traded an average of 309.51K shares per day over the past three months and 690750 shares per day over the past ten 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 10.87% stake in the company. Shares short for NIU as of 1726185600 were 1067637 with a Short Ratio of 3.45, compared to 1723680000 on 1007131. Therefore, it implies a Short% of Shares Outstanding of 1067637 and a Short% of Float of 2.4.
