After finishing at $1.78 in the prior trading day, Niu Technologies ADR (NASDAQ: NIU) closed at $1.72, down -3.37%. In other words, the price has decreased by -$0.0600 from its previous closing price. On the day, 701531 shares were traded.
Ratios:
Our goal is to gain a better understanding of NIU by taking a closer look at its different ratios. 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 133.37M and an Enterprise Value of 3.26M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 0.63. 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 1.8260, while the 200-Day Moving Average is calculated to be 2.7414.
Shares Statistics:
The stock has traded on average 339.26K shares per day over the past 3-months and 557.83k shares per day over the last 10 days, according to various share statistics. 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 3.46, 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
Its stock is currently analyzed by 0 different market analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was $0.01. 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 -$0.22 for the fiscal current year, implying an average EPS of -$0.22. EPS for the following year is $0.22, with 1 analysts recommending between $0.22 and $0.22.
Revenue Estimates
1 analysts predict $885.51M in revenue for the current quarter. It ranges from a high estimate of $885.51M to a low estimate of $885.51M. As of the current estimate, Niu Technologies ADR’s year-ago sales were $87.36M, an estimated increase of 913.70% from the year-ago figure.
A total of 1 analysts have provided revenue estimates for NIU’s current fiscal year. The highest revenue estimate was $374.35M, while the lowest revenue estimate was $374.35M, resulting in an average revenue estimate of $374.35M. In the same quarter a year ago, actual revenue was $452.08M, down -17.20% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $422.57M in the next fiscal year. The high estimate is $422.57M and the low estimate is $422.57M. The average revenue growth estimate for next year is up 12.90% from the average revenue estimate for this year.
