NIO Inc ADR (NIO) Stock Price and Analyst Predictions

The stock has a 36-month beta value of 1.87. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 1 as “overweight,” 5 as “hold,” and 0 as “sell.”

The public float for NIO is 1.92B, and at present, short sellers hold a 9.82% of that float. On October 25, 2024, the average trading volume of NIO was 62.64M shares.

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NIO) stock’s latest price update

NIO Inc ADR (NYSE: NIO)’s stock price has plunge by 6.43relation to previous closing price of 4.98. Nevertheless, the company has seen a 1.53% surge in its stock price over the last five trading sessions. forbes.com reported 2024-10-23 that Chinese luxury electric vehicle maker Nio stock (NYSE:NIO) has seen a strong rally in recent weeks, rising by about 45% since late August, roughly in line with its peers Xpeng (NYSE:XPEV) and Li Auto (NASDAQ:LI). While broader market factors, such as the Chinese government’s recent monetary stimulus measures, have played a role in the recent rally, several factors specific to Nio have also contributed.

NIO’s Market Performance

NIO Inc ADR (NIO) has seen a 1.53% rise in stock performance for the week, with a -8.30% decline in the past month and a 20.73% surge in the past quarter. The volatility ratio for the week is 4.19%, and the volatility levels for the past 30 days are at 6.40% for NIO. The simple moving average for the past 20 days is -11.15% for NIO’s stock, with a 4.28% simple moving average for the past 200 days.

Analysts’ Opinion of NIO

Many brokerage firms have already submitted their reports for NIO stocks, with JP Morgan repeating the rating for NIO by listing it as a “Overweight.” The predicted price for NIO in the upcoming period, according to JP Morgan is $8 based on the research report published on September 06, 2024 of the current year 2024.

JP Morgan gave a rating of “Neutral” to NIO, setting the target price at $5.40 in the report published on May 15th of the current year.

NIO Trading at 0.23% from the 50-Day Moving Average

After a stumble in the market that brought NIO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -44.62% of loss for the given period.

Volatility was left at 6.40%, however, over the last 30 days, the volatility rate increased by 4.19%, as shares sank -18.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +39.05% upper at present.

During the last 5 trading sessions, NIO rose by +2.03%, which changed the moving average for the period of 200-days by -28.13% in comparison to the 20-day moving average, which settled at $5.97. In addition, NIO Inc ADR saw -41.56% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for NIO

Current profitability levels for the company are sitting at:

  • -0.35 for the present operating margin
  • 0.08 for the gross margin

The net margin for NIO Inc ADR stands at -0.32. The total capital return value is set at -0.44. Equity return is now at value -135.74, with -22.05 for asset returns.

The debt to equity ratio resting at 2.06. The interest coverage ratio of the stock is -36.82.

Currently, EBITDA for the company is -15.32 billion with net debt to EBITDA at -0.44. When we switch over and look at the enterprise to sales, we see a ratio of 1.35. The receivables turnover for the company is 11.27for trailing twelve months and the total asset turnover is 0.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.11.

Conclusion

To sum up, NIO Inc ADR (NIO) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.

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