NIO Limited (NIO), a Consumer Cyclical Auto Manufacturers business, saw its stock trade 4.0800 common shares, a rise against to its 10-day trading volume of 104.55M.
NIO Limited (NIO) stock is quoted at $4.0800, up -0.1900 cents or -4.45% on the day.
NIO Limited (NIO) Gross Profit is $-255.88M .
NIO Limited (NIO) Technical Data:
The average 10-day trading volume of NIO Limited (NIO) is 104.55M compared to 68.8M over the last 3 months which indicates a reduction in trading activity. Currently, NIO Limited (NIO) has a 50-day moving average of $3.5536 and a 200-day moving average of $2.7099. These moving averages are popular technical indicators that investors use to analyze price trends of NIO Limited (NIO).
Approximately 29.64% of the shares of the company are sold short from traders betting the stock will trade lower. NIO Limited (NIO) stock is 9.67% to 11.43% more volatile than the overall market.
Technically, NIO’s short term support levels are around $3.92, $3.58 and $3.23 on the downside. NIOs short term resistance levels are $5.42 and $4.25 on the upside.
Based on technical analysis, NIO has short term rating of Bullish (0.33), Intermediate rating of Bullish (0.47) and the long-term rating of Very Bullish (0.52) giving it an overall rating of Bullish (0.44).
NIO is trading 242.86% off its 52 week low at $1.19 and -61.65% off its 52 week high of $10.64. Performance wise, NIO stock has recently shown investors -17.07% a rise in a week, 9.68% a rise in a month and 193.53% a rise in the past quarter.
Furthermore, NIO Limited (NIO) has shown a return of 1.49% since the beginning of the year.
NIO Limited (NIO) Key Figures:
NIO Limited (NIO) is a mid cap company with a market cap value of $4.155B. NIO insiders hold roughly 52.52% of the shares.
On Oct-04-19 Goldman Downgrade NIO as Buy → Neutral, On Dec-03-19 Piper Jaffray Initiated NIO as Neutral and on Dec-31-19 BofA/Merrill Upgrade NIO as Underperform → Neutral at $2.10 → $3.80.
There are currently 729.17M shares in the float and 1.03B shares outstanding. There are 29.64% shares short in NIOs float.
The industry rank for NIO Limited (NIO) is 106 out of 255 ranking it at the Top 43% .
NIO Limited (NIO) Fundamental Details:
NIO last 2 years revenues have increased from $4,951,171 to $6,582,332 showing an uptrend.
Wall Street expects NIO Limited (NIO) to report an EPS next Qtr profit of -0.27 and a profit of 39.70% next year.
The growth rate on NIO this year is 60.51 compared to an industry -17.00. However, NIOs next year’s growth rate is 25.97 compared to an industry 11.30.
The book value per share (mrq) is -0.50 and cash per share (mrq) is 0.25.
NIO fundamental ratios shows an EPS growth vs. previous year -1.54 and EPS growth vs. previous quarter -0.36.
About NIO Limited (NIO):
NIO Inc. is a premium electric vehicle market. The company designs, jointly manufactures and sells smart and connected premium electric vehicles. It offers electric cars under EP9, EVE and ES8 brand names. The company operates primarily in San Jose, California; Munich, Germany and London, United Kingdom. NIO Inc. is based in Shanghai, China.