NIO Inc ADR (NYSE:NIO) At $4.48: What To Do?

In recent trading session, NIO Inc ADR (NYSE:NIO) saw 12.87 million shares changing hands at last check today with its beta currently measuring 1.88. Company’s recent per share price level of $4.48 trading at $0.03 or 0.67% at last check today assigns it a market valuation of $8.57B. That most recent trading price of NIO’s stock is at a discount of -261.16% from its 52-week high price of $16.18 and is indicating a premium of 19.42% from its 52-week low price of $3.61. Taking a look at company’s average trading volume volume of 55.50 million if we extend that period to 3-months.

NIO Inc ADR (NYSE:NIO) trade information

Upright in the green today for gaining 0.67%, in the last five days NIO remained trading in the red while hitting it’s week-highest on Friday, 06/07/24 when the stock touched $4.48 price level, adding 9.68% to its value on the day. NIO Inc ADR’s shares saw a change of -50.61% in year-to-date performance and have moved -8.76% in past 5-day. NIO Inc ADR (NYSE:NIO) showed a performance of -22.63% in past 30-days.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

NIO Inc ADR (NIO) estimates and forecasts

Statistics highlight that NIO Inc ADR is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -38.38% of value to its shares in past 6 months, showing an annual growth rate of 24.00% while that of industry is 4.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 30.22% during past 5 years.

NIO Dividends

NIO Inc ADR is more likely to be releasing its next quarterly report in July and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.