Currently, there are 1.55B common shares owned by the public and among those 1.55B shares have been available to trade.
The company’s stock has a 5-day price change of -2.44% and -46.92% over the past three months. NIO shares are trading -51.60% year to date (YTD), with the 12-month market performance down to -52.33% lower. It has a 12-month low price of $4.36 and touched a high of $16.18 over the same period. NIO has an average intraday trading volume of 57.31 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -15.32%, -21.02%, and -47.41% respectively.
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Institutional ownership of NIO Inc ADR (NYSE: NIO) shares accounts for 27.83% of the company’s 1.55B shares outstanding.
It has a market capitalization of $6.82B and a beta (3y monthly) value of 1.94. The earnings-per-share (ttm) stands at -$1.76. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.48% over the week and 4.67% over the month.
The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0. Earnings per share for the fiscal year are expected to increase by 24.12%, and 28.58% over the next financial year.
Looking at the support for the NIO, a number of firms have released research notes about the stock. Barclays stated their Underweight rating for the stock in a research note on April 02, 2024, with the firm’s price target at $4. Mizuho coverage for the NIO Inc ADR (NIO) stock in a research note released on March 25, 2024 offered a Neutral rating with a price target of $5.50. CLSA was of a view on March 06, 2024 that the stock is Outperform, while JP Morgan gave the stock Underweight rating on February 23, 2024, issuing a price target of $8.50- $5. BofA Securities on their part issued Neutral rating on January 09, 2024.
