Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. NIO Inc ADR’s current trading price is -42.63% away from its 52-week high, while its distance from the 52-week low is 22.53%. The stock’s price range over this period has fluctuated between $3.61 and $7.71. The company, operating within the financial sector, had a trading volume of approximately 20.26 million for the day, which was noticeably lower than the average daily share volume of 48.06 million over the last 3 months.
In terms of market performance, NIO Inc ADR had a fairly uneven. The highest value for the stock in the past year was $7.71 on 09/30/24, and the lowest value was recorded at $3.61 on 04/22/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
NIO Inc ADR (NIO) has experienced a quarterly decline of -4.05% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.51B and boasts a workforce of 32820 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.89, with a change in price of -0.85. Similarly, NIO Inc ADR recorded 58,448,594 in trading volume during the last 100 days, posting a change of -15.98%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for NIO stands at 2.99. Similarly, the long-term debt-to-equity ratio is also 1.93.
NIO Stock Stochastic Average
Today, NIO Inc ADR’s raw stochastic average for the past 50 days stands at 34.08%, indicating a decline from the raw stochastic average of the last 20 days, which was 84.63%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 80.78% and 68.48% respectively.
NIO Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Until today this year the stock’s price performance recorded an increase of 1.46%. However, over the last six months, the performance has been weaker by 15.50%. The price of NIO increased 6.33% over the last 30 days. And in the last five days, it has surged by 2.16%.
