The price of Niu Technologies ADR (NASDAQ: NIU) closed at $1.70 in the last session, down -1.73% from day before closing price of $1.73. In other words, the price has decreased by -$0.0300 from its previous closing price. On the day, 567208 shares were traded.
Ratios:
We take a closer look at NIU’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.28 and its Current Ratio is at 1.64. In the meantime, Its Debt-to-Equity ratio is 0.24 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 131.04M and an Enterprise Value of 2.73M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 0.62. Its current Enterprise Value per Revenue stands at 0.00 whereas that against EBITDA is -0.02.
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 1.7862, while the 200-Day Moving Average is calculated to be 2.6754.
Shares Statistics:
According to the various share statistics, NIU traded on average about 342.28K shares per day over the past 3-months and 594.5k shares per day over the past 10 days. A total of 68.86M shares are outstanding, with a floating share count of 68.85M. Insiders hold about 0.02% of the company’s shares, while institutions hold 13.24% stake in the company. Shares short for NIU as of Feb 29, 2024 were 1.18M with a Short Ratio of 3.43, compared to 1.11M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.52% and a Short% of Float of 2.12%.
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 $0.22 and $0.18 for the fiscal current year, implying an average EPS of $0.2. EPS for the following year is $0.3, with 2 analysts recommending between $0.37 and $0.23.
Revenue Estimates
According to 2 analysts, the current quarter’s revenue is expected to be $473.63M. It ranges from a high estimate of $537.71M to a low estimate of $409.54M. As of the current estimate, Niu Technologies ADR’s year-ago sales were $370.75M, an estimated increase of 27.80% from the year-ago figure.
A total of 2 analysts have provided revenue estimates for NIU’s current fiscal year. The highest revenue estimate was $537.71M, while the lowest revenue estimate was $409.54M, resulting in an average revenue estimate of $473.63M. In the same quarter a year ago, actual revenue was $370.75M, up 27.80% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $544.99M in the next fiscal year. The high estimate is $656.69M and the low estimate is $433.29M. The average revenue growth estimate for next year is up 15.10% from the average revenue estimate for this year.
