Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
After finishing at $4.08 in the prior trading day, NIO Inc ADR (NYSE: NIO) closed at $4.10, up 0.49%. In other words, the price has increased by $0.49 from its previous closing price. On the day, 32.32 million shares were traded. NIO stock price reached its highest trading level at $4.14 during the session, while it also had its lowest trading level at $4.02.
Ratios:
Our goal is to gain a better understanding of NIO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 2.99 whereas as Long-Term Debt/Eq ratio is at 1.93.
On November 25, 2024, Goldman Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $4.80 to $3.90.
Macquarie Downgraded its Outperform to Neutral on November 20, 2024, whereas the target price for the stock was revised from $6.60 to $4.80.
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 8496389120 and an Enterprise Value of 11028823040. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 5.30. Its current Enterprise Value per Revenue stands at 0.174 whereas that against EBITDA is -0.599.
Stock Price History:
The Beta on a monthly basis for NIO is 1.70, which has changed by -0.3503185 over the last 52 weeks, in comparison to a change of 0.22212577 over the same period for the S&P500. Over the past 52 weeks, NIO has reached a high of $7.71, while it has fallen to a 52-week low of $3.61. The 50-Day Moving Average of the stock is -11.01%, while the 200-Day Moving Average is calculated to be -14.31%.
Shares Statistics:
The stock has traded on average 52.83M shares per day over the past 3-months and 45019530 shares per day over the last 10 days, according to various share statistics. A total of 1.94B shares are outstanding, with a floating share count of 1.92B. Insiders hold about 0.00% of the company’s shares, while institutions hold 9.86% stake in the company. Shares short for NIO as of 1730332800 were 186918199 with a Short Ratio of 2.88, compared to 1727654400 on 168610773. Therefore, it implies a Short% of Shares Outstanding of 186918199 and a Short% of Float of 12.58.
