NIO Inc ADR (NYSE:NIO) Receives Different Reactions From Analysts

In today’s recent session, 8.9 million shares of the NIO Inc ADR (NYSE:NIO) have been traded, and its beta is 1.87. Most recently the company’s share price was $4.36, and it changed around -$0.08 or -1.80% from the last close, which brings the market valuation of the company to $8.35B. NIO at last check was trading at a discount to its 52-week high of $16.18, offering almost -271.1% off that amount. The share price’s 52-week low was $3.61, which indicates that the recent value has risen by an impressive 17.2% since then. We note from NIO Inc ADR’s average daily trading volume that its 3-month average coming to 53.15 million.

NIO Inc ADR stock received a consensus recommendation rating of Hold, based on a mean score of 2.06. 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 0 for the current quarter.

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NIO Inc ADR (NYSE:NIO) trade information

Instantly NIO has been showing red trend so far today with a performance of -1.80% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently down -51.93% year-to-date, but still down -1.58% over the last five days. On the other hand, NIO Inc ADR (NYSE:NIO) is -9.17% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $25.16, which translates to bulls needing to increase their stock price by 82.67% 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 -47.41 percent over the past six months and at a 19.43% annual growth rate that is well above the industry average of 2.20%.

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

NIO Dividends

NIO Inc ADR’s next quarterly earnings report is expected to be released in July.