Is Niu Technologies ADR (NASDAQ: NIU) Hit More of the Losses Given A -32.08% Dip From High?

During the last session, Niu Technologies ADR (NASDAQ:NIU)’s traded shares were 0.69 million, with the beta value of the company hitting 0.50. The 52-week high for the NIU share is $3.50, that puts it down -32.08 from that peak though still a striking 40.75% gain since the share price plummeted to a 52-week low of $1.57. The company’s market capitalization is $183.62M, and the average intraday trading volume over the past 10 days was 1.65 million shares, and the average trade volume was 450.37K shares over the past three months.

Niu Technologies ADR (NIU) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 1.67. NIU has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.

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Niu Technologies ADR (NASDAQ:NIU) trade information

The stock’s 5-day price performance is -5.36%, and it has moved by 48.04% in 30 days. Based on these gigs, the overall price performance for the year is 3.52%. The short interest in Niu Technologies ADR (NASDAQ:NIU) is 1.06 million shares and it means that shorts have 2.89 day(s) to cover.

Niu Technologies ADR (NIU) estimates and forecasts

In the rating firms’ projections, revenue will increase 30.60% compared to the previous financial year.

Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 740.22M by the end of current fiscal year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 21.12%. While earnings are projected to return 132.15% in 2024, the next five years will return 2.98% per annum.

NIU Dividends

Niu Technologies ADR is due to release its next quarterly earnings in November. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 1.13 million shares, is of POLUNIN CAPITAL PARTNERS LTD’s that is approximately 1.4327% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.97 million.