Niu Technologies ADR [NASDAQ: NIU] surged by $0.52 during the normal trading session on while it closed the day at $4.86.
Niu Technologies ADR stock has also gained 27.89% of its value over the past 7 days. However, NIU stock has inclined by 171.51% in the 3 months of the year. Over the past six months meanwhile, it has gained 131.43% and gained 171.51% year-on date.
The market cap for NIU stock reached $336.94 million, with 69.33 million shares outstanding and 69.31 million shares in the current float. Compared to the average trading volume of 938.97K shares, NIU reached a trading volume of 3621977 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 Niu Technologies ADR [NIU]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NIU shares is $4.09 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NIU stock is a recommendation set at 1.67. 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.
Citigroup have made an estimate for Niu Technologies ADR shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on May 22, 2023. While these analysts kept the previous recommendation, BofA Securities raised their target price from $11.40 to $5.90. The new note on the price target was released on February 07, 2023, representing the official price target for Niu Technologies ADR stock. Previously, the target price had yet another raise to $10.50, while Jefferies analysts kept a Hold rating on NIU stock.
The Average True Range (ATR) for Niu Technologies ADR is set at 0.34, with the Price to Sales ratio for NIU stock in the period of the last 12 months amounting to 0.74. The Price to Book ratio for the last quarter was 2.68, with the Price to Cash per share for the same quarter was set at 2.21.
NIU stock trade performance evaluation
Niu Technologies ADR [NIU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 27.89. With this latest performance, NIU shares gained by 91.34% in over the last four-week period, additionally plugging by 131.43% over the last 6 months – not to mention a rise of 180.92% 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 NIU stock in for the last two-week period is set at 83.20, with the RSI for the last a single of trading hit 85.84, and the three-weeks RSI is set at 80.77 for Niu Technologies ADR [NIU]. The present Moving Average for the last 50 days of trading for this stock 2.54, while it was recorded at 4.29 for the last single week of trading, and 2.14 for the last 200 days.
Niu Technologies ADR [NIU]: An insightful look at the core fundamentals
Niu Technologies ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.92 and a Current Ratio set at 1.31.
Niu Technologies ADR [NIU]: Institutional Ownership
There are presently around $10.92%, or 10.94%% of NIU stock, in the hands of institutional investors. The top three institutional holders of NIU stocks are: GOLDMAN SACHS GROUP INC with ownership of 0.82 million shares, which is approximately 1.0459%. MORGAN STANLEY, holding 1.25 million shares of the stock with an approximate value of $$2.17 million in NIU stocks shares; and MORGAN STANLEY, currently with $$1.97 million in NIU stock with ownership which is approximately 0.7126%.
