NIO Inc ADR (NYSE: NIO): Historical Performance And Trend

In the last trading session, 59.95 million shares of the NIO Inc ADR (NYSE:NIO) were traded, and its beta was 1.97. Most recently the company’s share price was $4.00, and it changed around $0.2 or 5.26% from the last close, which brings the market valuation of the company to $6.21B. NIO currently trades at a discount to its 52-week high of $16.18, offering almost -304.5% off that amount. The share price’s 52-week low was $3.71, which indicates that the current value has risen by an impressive 7.25% since then. We note from NIO Inc ADR’s average daily trading volume that its 3-month average coming to 54.57 million.

NIO Inc ADR stock received a consensus recommendation rating of Hold, based on a mean score of 2.22. If we narrow it down even further, the data shows that 0 out of 8 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 5 recommended NIO as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. NIO Inc ADR is expected to report earnings per share of $NIO/BRX for the current quarter.

NIO Inc ADR (NYSE:NIO) trade information

Instantly NIO has showed a green trend with a performance of 5.26% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently down -55.90% year-to-date, but still up 2.83% over the last five days. On the other hand, NIO Inc ADR (NYSE:NIO) is -20.00% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $28.72, which translates to bulls needing to increase their stock price by 86.07% from its current value. Analyst projections state that NIO is forecast to be at a low of $4 and a high of $83.

NIO Inc ADR (NIO) estimates and forecasts

NIO Inc ADR share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -47.98 percent over the past six months and at a 28.00% annual growth rate that is well above the industry average of 16.20%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 30.22%.