Now Is The Time To Build A Position In NIO Inc ADR (NYSE:NIO)

NIO Inc ADR (NYSE:NIO)’s traded shares stood at 38.24 million during the last session, with the company’s beta value hitting 1.97. At the close of trading, the stock’s price was $4.00, to imply an increase of 2.30% or $0.09 in intraday trading. The NIO share’s 52-week high remains $16.18, putting it -304.5% down since that peak but still an impressive 7.25% since price per share fell to its 52-week low of $3.71. The company has a valuation of $6.21B, with an average of 55.83 million shares over the past 3 months.

NIO Inc ADR (NYSE:NIO) trade information

After registering a 2.30% upside in the last session, NIO Inc ADR (NIO) has traded red over the past five days. The stock hit a weekly high of 4.35, jumping 2.30% in its intraday price action. The 5-day price performance for the stock is -10.31%, and -22.93% over 30 days. With these gigs, the year-to-date price performance is -55.90%.

NIO Inc ADR (NIO) estimates and forecasts

Looking at statistics comparing NIO Inc ADR share performance against respective industry, we note that the company has outperformed competitors. NIO Inc ADR (NIO) shares are -53.11% down over the last 6 months, with its year-to-date growth rate higher than industry average at 28.00% against 16.20%.

Revenue forecast for the current quarter as set by analysts is -$. Meanwhile, for the quarter ending Jan 1970, a total of analyst(s) estimate revenue growth to -$.Earnings reports from the last fiscal year show that sales brought in -$ and -$ respectively in the corresponding quarters.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 30.22% for the past 5-year period. While 2024 is set for a 22.66% return in earnings, projections for the next 5 years are at -5.99% annually.

NIO Dividends

NIO Inc ADR has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. NIO Inc ADR has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.