NIO Inc ADR (NIO) is -1.91% away from 50-day simple Moving Average despite all headwinds

A new trading day began on Monday, with NIO Inc ADR (NYSE: NIO) stock price up 2.12% from the previous day of trading, before settling in for the closing price of $4.24. NIO’s price has ranged from $3.61 to $7.71 over the past 52 weeks.

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A company in the Consumer Cyclical sector has jumped its sales by 70.94% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 11.33%. With a float of $1.92 billion, this company’s outstanding shares have now reached $1.94 billion.

In an organization with 32820 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 8.65%, operating margin of -35.59%, and the pretax margin is -32.28%.

NIO Inc ADR (NIO) Insider and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Auto Manufacturers Industry. The insider ownership of NIO Inc ADR is 0.03%, while institutional ownership is 9.78%.

NIO Inc ADR (NIO) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of -2.26 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 11.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 22.85% during the next five years compared to 30.22% growth over the previous five years of trading.

NIO Inc ADR (NYSE: NIO) Trading Performance Indicators

Here are NIO Inc ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.95.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.49, a number that is poised to hit -0.33 in the next quarter and is forecasted to reach -1.03 in one year’s time.

Technical Analysis of NIO Inc ADR (NIO)

Let’s dig in a bit further. During the last 5-days, its volume was 35.59 million. That was inferior than the volume of 41.47 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 37.51%. Additionally, its Average True Range was 0.20.

During the past 100 days, NIO Inc ADR’s (NIO) raw stochastic average was set at 8.65%, which indicates a significant decrease from 58.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.33% in the past 14 days, which was lower than the 67.05% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.41, while its 200-day Moving Average is $4.79. However, in the short run, NIO Inc ADR’s stock first resistance to watch stands at $4.37. Second resistance stands at $4.42. The third major resistance level sits at $4.48. If the price goes on to break the first support level at $4.26, it is likely to go to the next support level at $4.20. The third support level lies at $4.15 if the price breaches the second support level.

NIO Inc ADR (NYSE: NIO) Key Stats

With a market capitalization of 8.33 billion, the company has a total of 2,087,169K Shares Outstanding. Currently, annual sales are 7,834 M while annual income is -2,936 M. The company’s previous quarter sales were 2,661 M while its latest quarter income was -719,650 K.