Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, NIO Inc ADR’s stock clocked out at $4.18, up 6.36% from its previous closing price of $3.93. In other words, the price has increased by $6.36 from its previous closing price. On the day, 54.76 million shares were traded. NIO stock price reached its highest trading level at $4.2399 during the session, while it also had its lowest trading level at $3.94.
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 8828242944 and an Enterprise Value of 16893930496. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.89 while its Price-to-Book (P/B) ratio in mrq is 9.94. Its current Enterprise Value per Revenue stands at 0.257 whereas that against EBITDA is -1.056.
Stock Price History:
The Beta on a monthly basis for NIO is 1.70, which has changed by -0.069042325 over the last 52 weeks, in comparison to a change of 0.07545352 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 -0.24%, while the 200-Day Moving Average is calculated to be -9.35%.
Shares Statistics:
It appears that NIO traded 59.26M shares on average per day over the past three months and 42840010 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 9.62% stake in the company. Shares short for NIO as of 1743379200 were 232357454 with a Short Ratio of 3.92, compared to 1740700800 on 214303351. Therefore, it implies a Short% of Shares Outstanding of 232357454 and a Short% of Float of 15.630000999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
