NIO Inc ADR (NIO) is destined for greater heights as its last quarter sales were 2,654 M

Zack King

On Monday NIO Inc ADR (NYSE: NIO) opened higher 2.34% from the last session, before settling in for the closing price of $7.25. Price fluctuations for NIO have ranged from $3.02 to $8.02 over the past 52 weeks.

It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 0.91%. Company’s average yearly earnings per share was noted 28.96% at the time writing. With a float of $1.94 billion, this company’s outstanding shares have now reached $2.10 billion.

NIO Inc ADR (NIO) Insider Updates

A key investor’s attitude towards the stock of the Auto Manufacturers industry is another important factor to consider. The insider ownership of NIO Inc ADR is 0.04%, while institutional ownership is 9.61%.

NIO Inc ADR (NIO) Performance Highlights and Predictions

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -2.14 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -2.19) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.63 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 28.96% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 52.65% during the next five years compared to 0.91% growth over the previous five years of trading.

NIO Inc ADR (NYSE: NIO) Trading Performance Indicators

Check out the current performance indicators for NIO Inc ADR (NIO). In the past quarter, the stock posted a quick ratio of 0.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.50.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.60, a number that is poised to hit -0.23 in the next quarter and is forecasted to reach -0.39 in one year’s time.

Technical Analysis of NIO Inc ADR (NIO)

The latest stats from [NIO Inc ADR, NIO] show that its last 5-days average volume of 43.03 million was inferior to 59.8 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 76.23%.

During the past 100 days, NIO Inc ADR’s (NIO) raw stochastic average was set at 87.18%, which indicates a significant decrease from 92.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.29 in the past 14 days, which was higher than the 0.28 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.91, while its 200-day Moving Average is $4.84. Now, the first resistance to watch is $7.54. This is followed by the second major resistance level at $7.67. The third major resistance level sits at $7.82. If the price goes on to break the first support level at $7.26, it is likely to go to the next support level at $7.11. Assuming the price breaks the second support level, the third support level stands at $6.98.

NIO Inc ADR (NYSE: NIO) Key Stats

There are currently 2,087,169K shares outstanding in the company with a market cap of 14.42 billion. Presently, the company’s annual sales total 9,005 M according to its annual income of -3,056 M. Last quarter, the company’s sales amounted to 2,654 M and its income totaled -696,990 K.

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