In recent trading session today, 0.9 million shares of the Niu Technologies ADR (NASDAQ:NIU) have been traded, and its beta is 0.44. Most recently the company’s share price was $3.07, and it changed around -$0.3 or -8.80% from the last close, which brings the market valuation of the company to $212.95M. NIU at last check was trading at a discount to its 52-week high of $3.50, offering almost -14.01% off that amount. The share price’s 52-week low was $1.57, which indicates that the recent value has risen by an impressive 48.86% since then. We note from Niu Technologies ADR’s average daily trading volume that its 10-day average is 1.46 million shares, with the 3-month average coming to 428.92K.
Niu Technologies ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.67. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended NIU as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Niu Technologies ADR is expected to report earnings per share of 0 for the current quarter.
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Niu Technologies ADR (NASDAQ:NIU) trade information
Instantly NIU has been showing red trend so far today with a performance of -8.80% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 3.50 on recent trading dayincreased the stock’s daily price by 12.29%. The company’s shares are currently up 40.33% year-to-date, but still up 23.43% over the last five days. On the other hand, Niu Technologies ADR (NASDAQ:NIU) is 71.69% up in the 30-day period. We can see from the shorts that 1.07 million shares have been sold at a short interest cover period of 7.79 day(s).
Niu Technologies ADR (NIU) estimates and forecasts
The year-over-year growth rate is expected to be 31.80%, up from the previous year.
1 analysts expect Niu Technologies ADR to make 740.22M in revenue for the current ending quarter.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 21.12%. Niu Technologies ADR earnings are expected to increase by 131.88% in 2024, but the outlook is positive 2.98% per year for the next five years.
NIU Dividends
Niu Technologies ADR’s next quarterly earnings report is expected to be released in November.
Niu Technologies ADR (NASDAQ:NIU)’s Major holders
POLUNIN CAPITAL PARTNERS LTD, with 1.4327% or 1.13 million shares worth $1.97 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
