NIO Inc ADR (NYSE: NIO): Is It A Life-Changing Stock?

In the last trading session, 70.13 million NIO Inc ADR (NYSE:NIO) shares changed hands as the company’s beta touched 1.96. With the company’s per share price at $3.89 changed hands at -$0.22 or -5.35% during last session, the market valuation stood at $6.04B. NIO’s last price was a discount, traded about -315.94% off its 52-week high of $16.18. The share price had its 52-week low at $4.09, which suggests the last value was -5.14% down since then. When we look at NIO Inc ADR’s average trading volume, we note the 3-month average coming to 57.26 million.

NIO Inc ADR (NYSE:NIO) trade information

Instantly NIO was in red as seen at the end of in last trading. With action -10.98%, the performance over the past five days has been red. The drop to weekly highs of 4.79 subtracted -5.35% to the stock’s daily price. The company’s shares are showing year-to-date downside of -57.11%, with the 5-day performance at -10.98% in the red. However, in the 30-day time frame, NIO Inc ADR (NYSE:NIO) is -30.29% down.

NIO Inc ADR (NIO) estimates and forecasts

Data shows that the NIO Inc ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -53.91% over the past 6 months, a 28.00% in annual growth rate that is considerably higher than the industry average of 16.20%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 30.22%. The 2024 estimates are for NIO Inc ADR earnings to increase by 22.66%, but the outlook for the next 5-year period is at -5.99% per year.

NIO Dividends

NIO Inc ADR is expected to release its next quarterly earnings report between June 07 and June 11.