A look at NIO Inc ADR’s (NIO) recent performance gives investors their first glimpse of hope.

Steve Mayer

On Friday, NIO Inc ADR (NYSE: NIO) was -5.76% drop from the session before, before settling in for the closing price of $7.47. A 52-week range for NIO has been $3.02 – $7.71.

Consumer Cyclical Sector giant saw their annual sales surged by 0.91% over the last five years. When this article was written, the company’s average yearly earnings per share was at 28.61%. With a float of $1.94 billion, this company’s outstanding shares have now reached $2.10 billion.

NIO Inc ADR (NIO) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward NIO Inc ADR stocks. The insider ownership of NIO Inc ADR is 0.04%, while institutional ownership is 8.94%.

NIO Inc ADR (NIO) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -2.14 earnings per share (EPS) during the time that was better than consensus figure (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 28.61% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 51.05% 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

You can see what NIO Inc ADR (NIO) is doing with its current performance indicators. In the most recent 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 1.42.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.60, a number that is poised to hit -0.22 in the next quarter and is forecasted to reach -0.40 in one year’s time.

Technical Analysis of NIO Inc ADR (NIO)

Analysing the last 5-days average volume posted by the [NIO Inc ADR, NIO], we can find that recorded value of 94.3 million was better than the volume posted last year of 59.42 million. As of the previous 9 days, the stock’s Stochastic %D was 67.03%.

During the past 100 days, NIO Inc ADR’s (NIO) raw stochastic average was set at 85.25%, which indicates a significant increase from 69.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.40 in the past 14 days, which was higher than the 0.23 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.69, while its 200-day Moving Average is $4.49. Now, the first resistance to watch is $7.29. This is followed by the second major resistance level at $7.53. The third major resistance level sits at $7.70. If the price goes on to break the first support level at $6.88, it is likely to go to the next support level at $6.71. Should the price break the second support level, the third support level stands at $6.47.

NIO Inc ADR (NYSE: NIO) Key Stats

There are 2,087,169K outstanding shares of the company, which has a market capitalization of 13.68 billion. As of now, sales total 9,005 M while income totals -3,056 M. Its latest quarter income was 2,654 M while its last quarter net income were -696,990 K.

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