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 -35.02% away from its 52-week high, while its distance from the 52-week low is 65.89%. The stock’s price range over this period has fluctuated between $3.02 and $7.71. The company, operating within the financial sector, had a trading volume of approximately 80.91 million for the day, which was noticeably higher than the average daily share volume of 45.41 million over the last 3 months.
The stock of NIO Inc ADR (NIO) is currently priced at $5.01. In the last session, the stock climbed significantly, topping out at $8.11 after opening at $5.01. The day’s lowest price was $3.0 before the stock closed at $4.87.
NIO Inc ADR experienced a somewhat steady performance in the stock market.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
NIO Inc ADR (NIO) has experienced a quarterly rise of 27.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.73B and boasts a workforce of 45635 employees.
NIO Inc ADR: What Analysts Are Saying
As of right now, 8 analysts are rating NIO Inc ADR as a BUY, 4 of the polled analysts branded the stock as an OVERWEIGHT, 13 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.98, with a change in price of +0.55. Similarly, NIO Inc ADR recorded 51,298,676 in trading volume during the last 100 days, posting a change of +12.33%.
NIO Stock Stochastic Average
Today, NIO Inc ADR’s raw stochastic average for the past 50 days stands at 89.30%, indicating a rise from the raw stochastic average of the last 20 days, which was 89.07%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 77.41% and 73.53% respectively.
NIO Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 13.35% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 12.84%. Over the past 30 days, the price of NIO has fallen by 43.97%. And in the last five days, it has surged by 1.83%.
