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The price of NIO Inc ADR (NYSE: NIO) closed at $4.70 in the last session, up 1.08% from day before closing price of $4.65. In other words, the price has increased by $1.08 from its previous closing price. On the day, 54.76 million shares were traded. NIO stock price reached its highest trading level at $4.805 during the session, while it also had its lowest trading level at $4.5.
Ratios:
We take a closer look at NIO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 2.99 whereas as Long-Term Debt/Eq ratio is at 1.93.
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, Macquarie on November 20, 2024, Downgraded its rating to Neutral and sets its target price to $4.80 from $6.60 previously.
On October 28, 2024, Macquarie Upgraded its rating to Outperform which previously was Neutral but kept the price unchanged to $6.60.
JP Morgan Upgraded its Neutral to Overweight on September 06, 2024, whereas the target price for the stock was revised from $5.30 to $8.
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 9722843136 and an Enterprise Value of 11028823040. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 6.08. Its current Enterprise Value per Revenue stands at 0.174 whereas that against EBITDA is -0.599.
Stock Price History:
Over the past 52 weeks, NIO has reached a high of $9.57, while it has fallen to a 52-week low of $3.61. The 50-Day Moving Average of the stock is -14.59%, while the 200-Day Moving Average is calculated to be -5.51%.
Shares Statistics:
According to the various share statistics, NIO traded on average about 69.42M shares per day over the past 3-months and 60543880 shares per day over the past 10 days. 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 9.90% stake in the company. Shares short for NIO as of 1730332800 were 186918199 with a Short Ratio of 2.69, compared to 1727654400 on 168610773. Therefore, it implies a Short% of Shares Outstanding of 186918199 and a Short% of Float of 12.58.