Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded an increase of 28.38%. However, over the last six months, the performance has been weaker by 15.24%. The price of NIO increased 31.17% over the last 30 days. And in the last five days, it has fallen by -3.39%.
NIO Inc ADR (NIO) current stock price is $4.84. During the last trading session, the stock soared, reaching $8.11 after opening at $4.84. The stock’s lowest point was $3.0 before it closed at $4.68.
NIO Inc ADR’s stock has seen a smooth market performance.
52-week price history of NIO Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. NIO Inc ADR’s current trading price is -37.22% away from its 52-week high, while its distance from the 52-week low is 60.26%. The stock’s price range for this period has been between $3.02 and $7.71. The Consumer Cyclical sector company’s shares saw a trading volume of about 35.75 million for the day, which was lower than the average daily volume of 47.89 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
NIO Inc ADR (NIO) has experienced a quarterly rise of 22.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.40B and boasts a workforce of 45635 employees.
Expert Opinions: Analysts’ Ratings for NIO Inc ADR
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.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.96, with a change in price of -0.19. Similarly, NIO Inc ADR recorded 49,907,660 in trading volume during the last 100 days, posting a change of -3.78%.
NIO Stock Stochastic Average
As of today, the raw stochastic average of NIO Inc ADR over the past 50 days is 80.21%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 70.40%. Additionally, the Stochastic %K and %D values for the company were 66.84% and 64.59%, respectively, over the past 20 days.