Niu Technologies ADR (NASDAQ: NIU)’s stock price has gone decline by -8.33 in comparison to its previous close of 2.28, however, the company has experienced a -10.68% decrease in its stock price over the last five trading days. globenewswire.com reported 2024-11-05 that MILAN, Nov. 05, 2024 (GLOBE NEWSWIRE) — Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, is set to revolutionize the dirt bike segment with the announcement of a powerful over-the-air (OTA) software update for the XQi3 electric dirt bike at this year’s EICMA event in Milan. This update will significantly enhance the bike’s performance, making it a more formidable force on challenging terrains. The OTA update will be available immediately for the XQi3 Wild off-road dirt bike, and available in the coming weeks for the XQi3 Street version in the US and EU.
Is It Worth Investing in Niu Technologies ADR (NASDAQ: NIU) Right Now?
Moreover, the 36-month beta value for NIU is 0.52. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for NIU is 69.27M and currently, short sellers hold a 2.47% of that float. On November 07, 2024, NIU’s average trading volume was 512.01K shares.
NIU’s Market Performance
NIU’s stock has seen a -10.68% decrease for the week, with a -27.93% drop in the past month and a 13.59% gain in the past quarter. The volatility ratio for the week is 5.40%, and the volatility levels for the past 30 days are at 7.32% for Niu Technologies ADR The simple moving average for the past 20 days is -12.98% for NIU’s stock, with a 3.80% 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 -6.40% 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 -40.29% of loss for the given period.
Volatility was left at 7.32%, however, over the last 30 days, the volatility rate increased by 5.40%, as shares sank -22.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.58% upper at present.
During the last 5 trading sessions, NIU fell by -10.68%, which changed the moving average for the period of 200-days by +10.58% in comparison to the 20-day moving average, which settled at $2.40. In addition, Niu Technologies ADR saw -4.57% 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:
- -0.12 for the present operating margin
- 0.19 for the gross margin
The net margin for Niu Technologies ADR stands at -0.1. The total capital return value is set at -0.33. Equity return is now at value -25.05, with -11.38 for asset returns.
The debt to equity ratio resting at 0.44. The interest coverage ratio of the stock is -90.13.
Currently, EBITDA for the company is -133.97 million with net debt to EBITDA at 0.9. When we switch over and look at the enterprise to sales, we see a ratio of 0.3. The receivables turnover for the company is 21.88for trailing twelve months and the total asset turnover is 1.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.39.
Conclusion
To wrap up, the performance of Niu Technologies ADR (NIU) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.
