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NIO: Riding the Market Waves of Growth and Decline in 2023

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -48.84%.However, over the last six months, we can see a stronger performance of -47.92%. Over the last 30 days, the price of NIO has leaped by -19.30%. And in the last five days, it has fallen by -5.11%.

NIO Inc ADR experienced a rather shaky stock market performance. The highest value in the past year was recorded at $16.18 on 08/04/23 and the lowest value was $4.45 on 03/27/24.

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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 -71.32% away from its 52-week high, while its distance from the 52-week low is 4.27%. The stock’s price range during this period has varied between$4.45 and $16.18. The NIO Inc ADR’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 42.35 million for the day, a figure considerably lower than their average daily volume of 58.68 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

NIO Inc ADR (NIO) has experienced a quarterly decline of -50.80% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.20B.

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 6.69, with a change in price of -3.59. Similarly, NIO Inc ADR recorded 59,018,785 in trading volume during the last 100 days, posting a change of -43.62%.

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 1.36. Similarly, the long-term debt-to-equity ratio is also 0.90.

NIO Stock Stochastic Average

NIO Inc ADR’s raw stochastic average for the past 50 days is presently 7.83%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 10.27%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 5.23% and 5.36%, respectively.

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