NIO Inc ADR [NYSE: NIO] closed the trading session at $4.48.
The stocks have a year to date performance of -50.61 percent and weekly performance of -4.68 percent. The stock has been moved at -16.88 percent over the last six months. The stock has performed -16.26 percent around the most recent 30 days and changed 10.89 percent over the most recent 3-months.
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If compared to the average trading volume of 71.85M shares, NIO reached to a volume of 29218232 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about NIO Inc ADR [NIO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NIO shares is $6.24 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NIO stock is a recommendation set at 2.03. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Goldman have made an estimate for NIO Inc ADR shares, keeping their opinion on the stock as Sell, with their previous recommendation back on November 25, 2024. While these analysts kept the previous recommendation, Macquarie dropped their target price from $6.60 to $4.80. The new note on the price target was released on November 20, 2024, representing the official price target for NIO Inc ADR stock. Previously, the target price had yet another raise to $6.60, while Macquarie analysts kept a Outperform rating on NIO stock. On September 06, 2024, analysts increased their price target for NIO shares from 5.30 to 8.
The Average True Range (ATR) for NIO Inc ADR is set at 0.30, with the Price to Sales ratio for NIO stock in the period of the last 12 months amounting to 0.98. The Price to Book ratio for the last quarter was 5.79, with the Price to Cash per share for the same quarter was set at 3.12.
NIO stock trade performance evaluation
NIO Inc ADR [NIO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.68. With this latest performance, NIO shares dropped by -16.26% in over the last four-week period, additionally sinking by -16.88% over the last 6 months – not to mention a drop of -37.60% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NIO stock in for the last two-week period is set at 40.66, with the RSI for the last a single of trading hit 40.17, and the three-weeks RSI is set at 42.31 for NIO Inc ADR [NIO]. The present Moving Average for the last 50 days of trading for this stock 5.42, while it was recorded at 4.54 for the last single week of trading, and 4.94 for the last 200 days.
NIO Inc ADR [NIO]: An insightful look at the core fundamentals
NIO Inc ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.93 and a Current Ratio set at 1.04.
Earnings per share (EPS) analysis for NIO Inc ADR [NIO] stock
With the latest financial reports released by the company, NIO Inc ADR posted -2.81/share EPS, while the average EPS was predicted by analysts to be reported at -2.29/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.52. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NIO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for NIO Inc ADR go to -4.62%.
NIO Inc ADR [NIO]: Institutional Ownership
The top three institutional holders of NIO stocks are: BLACKROCK INC. with ownership of 60.47 million shares, which is approximately 2.9581%. STATE STREET CORP, holding 21.94 million shares of the stock with an approximate value of $$91.27 million in NIO stocks shares; and STATE STREET CORP, currently with $$65.55 million in NIO stock with ownership which is approximately 0.7708%.
