Niu Technologies ADR (NASDAQ:NIU)’s traded shares stood at 1.26 million during the last session, with the company’s beta value hitting 0.51. At the close of trading, the stock’s price was $2.27, to imply a decrease of -5.42% or -$0.13 in intraday trading. The NIU share’s 52-week high remains $3.50, putting it -54.19% down since that peak but still an impressive 30.84% since price per share fell to its 52-week low of $1.57. The company has a valuation of $157.29M, with an average of 0.51 million shares in intraday trading volume over the past 10 days and average of 483.36K shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for Niu Technologies ADR (NIU), translating to a mean rating of 1.67. Of 3 analyst(s) looking at the stock, 0 analyst(s) give NIU a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.
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Niu Technologies ADR (NASDAQ:NIU) trade information
After registering a -5.42% downside in the last session, Niu Technologies ADR (NIU) has traded red over the past five days. The 5-day price performance for the stock is -5.42%, and 4.61% over 30 days. With these gigs, the year-to-date price performance is 3.65%. Short interest in Niu Technologies ADR (NASDAQ:NIU) saw shorts transact 1.06 million shares and set a 2.89 days time to cover.
Niu Technologies ADR (NIU) estimates and forecasts
The rating firms project that company’s revenue will grow 29.90% compared to the previous financial year.
Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 740.22M.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 21.12% for the past 5-year period. While 2024 is set for a 132.33% return in earnings, projections for the next 5 years are at 2.98% annually.
NIU Dividends
Niu Technologies ADR has its next earnings report out in November. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is POLUNIN CAPITAL PARTNERS LTD with 1.13 million shares, or about 1.4327% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.97 million.