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 4.23% and -4.93% over the past three months. NIO shares are trading 1.83% year to date (YTD), with the 12-month market performance down to -25.50% 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 47.01 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 3.24%, 1.28%, and -6.85% respectively.
Institutional ownership of NIO Inc ADR (NYSE: NIO) shares accounts for 9.76% of the company’s 1.94B shares outstanding.
It has a market capitalization of $8.54B and a beta (3y monthly) value of 1.82. 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 4.69% over the week and 4.08% over the month.
Analysts forecast that NIO Inc ADR (NIO) will achieve an EPS of -2.36 for the current quarter, -2.35 for the next quarter and -7.61 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -2.63 while analysts give the company a high EPS estimate of -2.63. Comparatively, EPS for the current quarter was -2.81 a year ago. Earnings per share for the fiscal year are expected to increase by 11.84%, and 21.66% over the next financial year. EPS should shrink at an annualized rate of 23.02% 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. JP Morgan stated their Neutral rating for the stock in a research note on February 04, 2025, with the firm’s price target at $4.70. Goldman was of a view on November 25, 2024 that the stock is Sell, while Macquarie gave the stock Neutral rating on November 20, 2024, issuing a price target of $6.60- $4.80. Macquarie on their part issued Outperform rating on October 28, 2024.
