The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of Niu Technologies ADR (NASDAQ: NIU) closed at $1.98 in the last session, down -0.50% from day before closing price of $1.99. In other words, the price has decreased by -$0.50 from its previous closing price. On the day, 1.41 million shares were traded. NIU stock price reached its highest trading level at $2.015 during the session, while it also had its lowest trading level at $1.84.
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 0.94 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 0.46 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 153645024 and an Enterprise Value of -619705984. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.34 while its Price-to-Book (P/B) ratio in mrq is 0.97. Its current Enterprise Value per Revenue stands at -0.217 whereas that against EBITDA is 3.187.
Stock Price History:
Over the past 52 weeks, NIU has reached a high of $3.50, while it has fallen to a 52-week low of $1.57. The 50-Day Moving Average of the stock is -12.98%, while the 200-Day Moving Average is calculated to be -2.19%.
Shares Statistics:
According to the various share statistics, NIU traded on average about 553.77K shares per day over the past 3-months and 483190 shares per day over the past 10 days. A total of 69.29M shares are outstanding, with a floating share count of 69.27M. Insiders hold about 0.02% of the company’s shares, while institutions hold 9.83% stake in the company. Shares short for NIU as of 1730332800 were 1582371 with a Short Ratio of 2.86, compared to 1727654400 on 1057452. Therefore, it implies a Short% of Shares Outstanding of 1582371 and a Short% of Float of 3.56.
