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 -51.36% away from its 52-week high, while its distance from the 52-week low is 3.88%. 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 78.6 million for the day, which was noticeably higher than the average daily share volume of 56.6 million over the last 3 months.
NIO Inc ADR experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $7.71 on 09/30/24, while the lowest price for the same period was registered 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 -18.83% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.21B 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 4.51, with a change in price of -1.35. Similarly, NIO Inc ADR recorded 55,347,133 in trading volume during the last 100 days, posting a change of -26.47%.
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 5.66. Similarly, the long-term debt-to-equity ratio is also 3.80.
NIO Stock Stochastic Average
Today’s raw stochastic average for NIO Inc ADR over the last 50 days is 1.14%.This indicates a increase from the raw stochastic average of the past 20 days, which was 1.14%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 5.33% and 11.26%, respectively.
NIO Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -13.99%.However, over the last six months, we can see a stronger performance of -33.63%. Over the last 30 days, the price of NIO has leaped by -21.71%. And in the last five days, it has fallen by -16.67%.
