In other words, the price has increased by $0.00 from its previous closing price. On the day, 45944329 shares were traded. NIO stock price reached its highest trading level at $5.79 during the session, while it also had its lowest trading level at $5.47.
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 11.65B and an Enterprise Value of 10.71B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 4.61. Its current Enterprise Value per Revenue stands at 0.22 whereas that against EBITDA is -0.67.
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 6.55, while the 200-Day Moving Average is calculated to be 8.64.
Shares Statistics:
For the past three months, NIO has traded an average of 64.84M shares per day and 66.8M over the past ten days. A total of 1.57B shares are outstanding, with a floating share count of 1.56B. Insiders hold about 0.63% of the company’s shares, while institutions hold 27.53% stake in the company. Shares short for NIO as of Feb 15, 2024 were 161.06M with a Short Ratio of 2.59, compared to 171.15M on Jan 12, 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.
