In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, NIO Inc ADR’s stock clocked out at $3.31, up 5.41% from its previous closing price of $3.14. In other words, the price has increased by $5.41 from its previous closing price. On the day, 76.86 million shares were traded. NIO stock price reached its highest trading level at $3.36 during the session, while it also had its lowest trading level at $3.04.
Ratios:
To gain a deeper understanding of NIO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 0.99. In the meantime, Its Debt-to-Equity ratio is 5.67 whereas as Long-Term Debt/Eq ratio is at 3.81.
Goldman Downgraded its Neutral to Sell on November 25, 2024, whereas the target price for the stock was revised from $4.80 to $3.90.
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 7370840576 and an Enterprise Value of 15004545024. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 7.87. Its current Enterprise Value per Revenue stands at 0.228 whereas that against EBITDA is -0.811.
Stock Price History:
The Beta on a monthly basis for NIO is 1.74, which has changed by -0.25784755 over the last 52 weeks, in comparison to a change of 0.049593568 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 $3.02. The 50-Day Moving Average of the stock is -23.25%, while the 200-Day Moving Average is calculated to be -28.86%.
Shares Statistics:
It appears that NIO traded 58.29M shares on average per day over the past three months and 73449100 shares per day over the past ten days. A total of 1.94B shares are outstanding, with a floating share count of 1.94B. Insiders hold about 0.00% of the company’s shares, while institutions hold 9.61% stake in the company. Shares short for NIO as of 1741910400 were 180538448 with a Short Ratio of 3.10, compared to 1739491200 on 199600533. Therefore, it implies a Short% of Shares Outstanding of 180538448 and a Short% of Float of 12.149999000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
