Currently, there are 1.94B 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 3.12% and -17.97% over the past three months. NIO shares are trading -1.61% year to date (YTD), with the 12-month market performance down to -30.92% lower. It has a 12-month low price of $3.61 and touched a high of $7.71 over the same period. NIO has an average intraday trading volume of 51.36 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 -1.45%, -4.60%, and -10.20% respectively.
Institutional ownership of NIO Inc ADR (NYSE: NIO) shares accounts for 9.85% of the company’s 1.94B shares outstanding.
It has a market capitalization of $8.25B and a beta (3y monthly) value of 1.66. The earnings-per-share (ttm) stands at -$1.49. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.87% over the week and 4.24% over the month.
Earnings per share for the fiscal year are expected to increase by 12.43%, and 21.49% over the next financial year. EPS should shrink at an annualized rate of 23.41% over the next five years, compared to 30.22% over the past 5-year period.
Goldman coverage for the NIO Inc ADR (NIO) stock in a research note released on November 25, 2024 offered a Sell rating with a price target of $3.90. Macquarie was of a view on November 20, 2024 that the stock is Neutral, while Macquarie gave the stock Outperform rating on October 28, 2024, issuing a price target of $6.60. JP Morgan on their part issued Overweight rating on September 06, 2024.
