The stock price of Niu Technologies ADR (NASDAQ: NIU) has surged by 19.98 when compared to previous closing price of 1.80, but the company has seen a 28.55% gain in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-04 that The electric vehicle industry has had a difficult year. Valuations have tumbled as investors have begun to ask more questions about long-term pricing and competition within the industry.
Is It Worth Investing in Niu Technologies ADR (NASDAQ: NIU) Right Now?
The 36-month beta value for NIU is also noteworthy at 0.58. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for NIU is 68.85M, and at present, short sellers hold a 1.86% of that float. The average trading volume of NIU on April 09, 2024 was 367.25K shares.
NIU’s Market Performance
The stock of Niu Technologies ADR (NIU) has seen a 28.55% increase in the past week, with a 24.83% rise in the past month, and a 1.39% gain in the past quarter. The volatility ratio for the week is 10.20%, and the volatility levels for the past 30 days are at 7.43% for NIU. The simple moving average for the past 20 days is 21.60% for NIU’s stock, with a -16.00% simple moving average for the past 200 days.
Analysts’ Opinion of NIU
BofA Securities, on the other hand, stated in their research note that they expect to see NIU reach a price target of $5.90, previously predicting the price at $11.40. The rating they have provided for NIU stocks is “Neutral” according to the report published on February 07th, 2023.
Jefferies gave a rating of “Hold” to NIU, setting the target price at $10.50 in the report published on April 14th of the previous year.
NIU Trading at 21.71% from the 50-Day Moving Average
After a stumble in the market that brought NIU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -55.15% of loss for the given period.
Volatility was left at 7.43%, however, over the last 30 days, the volatility rate increased by 10.20%, as shares surge +11.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.77% upper at present.
During the last 5 trading sessions, NIU rose by +23.81%, which changed the moving average for the period of 200-days by -48.51% in comparison to the 20-day moving average, which settled at $1.7865. In addition, Niu Technologies ADR saw -1.39% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for NIU
Current profitability levels for the company are sitting at:
- -0.07 for the present operating margin
- 0.22 for the gross margin
The net margin for Niu Technologies ADR stands at -0.06. The total capital return value is set at -0.16. Equity return is now at value -22.21, with -11.30 for asset returns.
The debt to equity ratio resting at 0.29. The interest coverage ratio of the stock is -106.16.
Currently, EBITDA for the company is -76.42 million with net debt to EBITDA at 2.32. When we switch over and look at the enterprise to sales, we see a ratio of 0.31. The receivables turnover for the company is 16.97for trailing twelve months and the total asset turnover is 1.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.64.
Conclusion
In summary, Niu Technologies ADR (NIU) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
