Currently, there are 1.92B common shares owned by the public and among those 1.92B shares have been available to trade.
The company’s stock has a 5-day price change of -11.79% and 10.32% over the past three months. NIO shares are trading -50.50% year to date (YTD), with the 12-month market performance down to -43.45% lower. It has a 12-month low price of $3.61 and touched a high of $9.57 over the same period. NIO has an average intraday trading volume of 67.22 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 -11.74%, -19.36%, and -10.10% respectively.
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Institutional ownership of NIO Inc ADR (NYSE: NIO) shares accounts for 9.91% of the company’s 1.92B shares outstanding.
It has a market capitalization of $8.64B and a beta (3y monthly) value of 1.79. The earnings-per-share (ttm) stands at -$1.51. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.48% over the week and 4.80% over the month.
Earnings per share for the fiscal year are expected to increase by 18.38%, and 25.92% over the next financial year. EPS should shrink at an annualized rate of -4.62% over the next five years, compared to 30.22% over the past 5-year period.
Looking at the support for the NIO, a number of firms have released research notes about the stock. Macquarie stated their Outperform rating for the stock in a research note on October 28, 2024, with the firm’s price target at $6.60. JP Morgan coverage for the NIO Inc ADR (NIO) stock in a research note released on September 06, 2024 offered a Overweight rating with a price target of $8. Wolfe Research was of a view on September 05, 2024 that the stock is Peer Perform, while JP Morgan gave the stock Neutral rating on May 15, 2024, issuing a price target of $4.80- $5.40. Macquarie on their part issued Neutral rating on April 15, 2024.
