Understanding NIO Inc ADR (NIO) through its ratios

In the latest session, NIO Inc ADR (NYSE: NIO) closed at $5.54 down -0.72% from its previous closing price of $5.58. In other words, the price has decreased by -$0.04 from its previous closing price. On the day, 48317980 shares were traded.

Ratios:

For a deeper understanding of NIO Inc ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 1.36 whereas as Long-Term Debt/Eq ratio is at 0.90.

On February 23, 2024, JP Morgan Downgraded its rating to Underweight which previously was Neutral and also lowered its target price recommendation from $8.50 to $5.

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 12.30B and an Enterprise Value of 10.18B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.11 while its Price-to-Book (P/B) ratio in mrq is 4.43. Its current Enterprise Value per Revenue stands at 0.18 whereas that against EBITDA is -0.51.

Stock Price History:

Over the past 52 weeks, NIO has reached a high of $16.18, while it has fallen to a 52-week low of $4.78. The 50-Day Moving Average of the stock is 6.07, while the 200-Day Moving Average is calculated to be 8.56.

Shares Statistics:

For the past three months, NIO has traded an average of 62.87M shares per day and 52.76M over the past ten days. A total of 1.57B shares are outstanding, with a floating share count of 1.57B. Insiders hold about 0.00% of the company’s shares, while institutions hold 27.52% stake in the company. Shares short for NIO as of Feb 29, 2024 were 179.2M with a Short Ratio of 2.85, compared to 161.06M on Jan 31, 2024.

Earnings Estimates

There are 0 different market analysts currently analyzing its stock. 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 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.

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