The closing price of Niu Technologies ADR (NASDAQ: NIU) was $2.39 for the day, up 8.64% from the previous closing price of $2.20. In other words, the price has increased by $+0.1900 from its previous closing price. On the day, 787668 shares were traded.
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 1.28 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 170.59M and an Enterprise Value of 42.66M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44. Its current Enterprise Value per Revenue stands at 0.02 whereas that against EBITDA is -0.25.
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 1.7992, while the 200-Day Moving Average is calculated to be 2.5451.
Shares Statistics:
NIU traded an average of 404.90K shares per day over the past three months and 730.46k shares per day over the past ten 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 13.22% stake in the company. Shares short for NIU as of Mar 15, 2024 were 1.28M with a Short Ratio of 3.23, compared to 1.02M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.65% and a Short% of Float of 2.30%.
Earnings Estimates
The firm’s stock currently is rated by 0 analysts. 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 $0.21 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 $0.36 and $0.23.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $531.75M to a low estimate of $405M. As of the current estimate, Niu Technologies ADR’s year-ago sales were $366.63M, an estimated increase of 27.70% 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 $531.75M, while the lowest revenue estimate was $405M, resulting in an average revenue estimate of $468.37M. In the same quarter a year ago, actual revenue was $366.63M, up 27.70% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $538.95M in the next fiscal year. The high estimate is $649.41M and the low estimate is $428.49M. The average revenue growth estimate for next year is up 15.10% from the average revenue estimate for this year.
