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The closing price of Niu Technologies ADR (NASDAQ: NIU) was $2.33 for the day, down -0.85% from the previous closing price of $2.35. In other words, the price has decreased by -$0.85 from its previous closing price. On the day, 0.57 million shares were traded. NIU stock price reached its highest trading level at $2.35 during the session, while it also had its lowest trading level at $2.26.
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 1.23 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 0.25 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 180804496 and an Enterprise Value of -503145728. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43 while its Price-to-Book (P/B) ratio in mrq is 1.05. Its current Enterprise Value per Revenue stands at -0.19 whereas that against EBITDA is 2.969.
Stock Price History:
Over the past 52 weeks, NIU has reached a high of $4.82, while it has fallen to a 52-week low of $1.57. The 50-Day Moving Average of the stock is 20.13%, while the 200-Day Moving Average is calculated to be -2.13%.
Shares Statistics:
NIU traded an average of 436.75K shares per day over the past three months and 336200 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 12.91% stake in the company. Shares short for NIU as of 1713139200 were 1093292 with a Short Ratio of 2.50, compared to 1710460800 on 1277295. Therefore, it implies a Short% of Shares Outstanding of 1093292 and a Short% of Float of 2.07.
