The price of NIO Inc ADR (NYSE: NIO) closed at $4.37 in the last session, down -0.46% from day before closing price of $4.39. In other words, the price has decreased by -$0.0200 from its previous closing price. On the day, 47101134 shares were traded. NIO stock price reached its highest trading level at $4.5300 during the session, while it also had its lowest trading level at $4.3700.
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 1.13 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 1.36 whereas as Long-Term Debt/Eq ratio is at 0.90.
On March 25, 2024, Mizuho Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $5.50.
CLSA Downgraded its Buy to Outperform on March 06, 2024, while the target price for the stock was maintained at $6.
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 9.26B and an Enterprise Value of 7.18B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.87 while its Price-to-Book (P/B) ratio in mrq is 3.49. Its current Enterprise Value per Revenue stands at 0.13 whereas that against EBITDA is -0.36.
Stock Price History:
Over the past 52 weeks, NIO has reached a high of $16.18, while it has fallen to a 52-week low of $4.36. The 50-Day Moving Average of the stock is 5.4914, while the 200-Day Moving Average is calculated to be 8.2990.
Shares Statistics:
According to the various share statistics, NIO traded on average about 57.34M shares per day over the past 3-months and 54M shares per day over the past 10 days. A total of 1.55B shares are outstanding, with a floating share count of 1.55B. Insiders hold about 0.00% of the company’s shares, while institutions hold 27.83% stake in the company. Shares short for NIO as of Mar 15, 2024 were 170.68M with a Short Ratio of 2.98, compared to 168.18M on Feb 15, 2024.
Earnings Estimates
The company has 0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
