Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The index has shown a price loss of -24.21% this year. Over the last six months, there has been a stronger performance of -8.43%. The price of NIO leaped by -3.90% during the last 30 days period. For the last 5-days stocks have improved 2.07%.
The present stock price for NIO Inc ADR (NIO) is $7.39. In the last trading session, the stock made a considerable jump, reaching $7.499 after an opening price of $7.40. The stock briefly fell to $7.25 before ending the session at $7.40.
NIO Inc ADR saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $16.18 on 08/04/23, while the lowest price for the same duration was marked at $7.00 on 06/01/23.
52-week price history of NIO Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. NIO Inc ADR’s current trading price is -54.33% away from its 52-week high, while its distance from the 52-week low is 5.57%. The stock’s price range during this time has been between $7.00 and $16.18. The trading volume for the Consumer Cyclical sector company’s shares reached about 26.61 million for the day, which was lower than the average daily volume of 44.23 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
NIO Inc ADR (NIO) has experienced a quarterly decline of -32.51% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 11.25B and boasts a workforce of 26763 employees.
NIO Inc ADR: Analysts’ Ratings Unveiled
As of right now, 21 analysts are rating NIO Inc ADR as a BUY, 4 of the polled analysts branded the stock as an OVERWEIGHT, 9 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 2 analysts are rating the stock as SELL.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 10.00, with a change in price of -2.13. Similarly, NIO Inc ADR recorded 52,489,000 in trading volume during the last 100 days, posting a change of -22.37%.
NIO’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for NIO stands at 1.96. Similarly, the long-term debt-to-equity ratio is also 1.04.
NIO Stock Stochastic Average
Today’s raw stochastic average for NIO Inc ADR over the last 50 days is 7.43%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 20.07%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 33.45% and 34.78%, respectively.