[breadcrumb_custom]

NIO’s Stock Market Pendulum: Swinging Between Gains and Losses

The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -32.97%.However, over the last six months, we can see a stronger performance of -52.87%. Over the last 30 days, the price of NIO has leaped by -17.84%. And in the last five days, it has surged by 13.01%.

NIO Inc ADR’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $16.18 on 08/04/23 and a low of $5.30 for the same time frame on 02/05/24.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.
Sponsored

52-week price history of NIO Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. NIO Inc ADR’s current trading price is -62.42% away from its 52-week high, while its distance from the 52-week low is 14.72%. The stock’s price range during this period has varied between$5.30 and $16.18. The NIO Inc ADR’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 43.51 million for the day, a figure considerably higher than their average daily volume of 0.7 over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

NIO Inc ADR (NIO) has experienced a quarterly decline of -18.61% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.55B.

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 7.59, with a change in price of -2.47. Similarly, NIO Inc ADR recorded 53,342,680 in trading volume during the last 100 days, posting a change of -28.89%.

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 2.05. Similarly, the long-term debt-to-equity ratio is also 1.33.

NIO Stock Stochastic Average

As of today, NIO Inc ADR’s raw stochastic average for the last 50 days stands at 18.27%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 44.57%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 31.60% and 27.01%, respectively.

Leave a Reply

Your email address will not be published. Required fields are marked *

On Key

Related Posts