Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Niu Technologies ADR’s stock clocked out at $2.29, down -2.55% from its previous closing price of $2.35. In other words, the price has decreased by -$2.55 from its previous closing price. On the day, 0.57 million shares were traded.
Ratios:
To gain a deeper understanding of NIU’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 0.46 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 1.26.
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 $1.60. The 50-Day Moving Average of the stock is 14.00%, while the 200-Day Moving Average is calculated to be 12.74%.
Shares Statistics:
A total of 69.33M shares are outstanding, with a floating share count of 69.31M. Insiders hold about 0.02% of the company’s shares, while institutions hold 10.72% stake in the company.
