NIO Inc ADR (NYSE:NIO) has a beta value of 1.56 and has seen 34.35 million shares traded in the recent trading session. The company, currently valued at $10.20B, closed the recent trade at $5.30 per share which meant it gained $0.08 on the day or 1.57% during that session. The NIO stock price is -45.47% off its 52-week high price of $7.71 and 31.89% above the 52-week low of $3.61. If we look at the company’s 10-day average daily trading volume, we find that it stood at 80.57 million shares traded. The 3-month trading volume is 50.05 million shares.
The consensus among analysts is that NIO Inc ADR (NIO) is Buy stock at the moment, with a recommendation rating of 2.22. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 8 out of 21 have rated it as a Hold, with 12 advising it as a Buy. 0 have rated the stock as Underweight.
NIO Inc ADR (NYSE:NIO) trade information
Sporting 1.57% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the NIO stock price touched $5.30 or saw a rise of 0.38%. Year-to-date, NIO Inc ADR shares have moved 21.61%, while the 5-day performance has seen it change 21.89%. Over the past 30 days, the shares of NIO Inc ADR (NYSE:NIO) have changed 22.45%. Short interest in the company has seen 214.3 million shares shorted with days to cover at 3.79.
Wall Street analysts have a consensus price target for the stock at $6.6, which means that the shares’ value could jump 19.7% from the levels at last check today. The projected low price target is $6.6 while the price target rests at a high of $6.6. In that case, then, we find that the latest price level in today’s session is -24.53% off the targeted high while a plunge would see the stock gain -24.53% from the levels at last check today.
NIO Inc ADR (NIO) estimates and forecasts
The company’s shares have lost -4.81% over the past 6 months. If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 30.22% over the past 5 years. Earnings growth for 2025 is a modest 11.31% while over the next 5 years, the company’s earnings are expected to increase by 23.14%.
NIO Dividends
NIO Inc ADR is expected to release its next earnings report on 2024-Nov-19 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
NIO Inc ADR (NYSE:NIO)’s Major holders
Insiders own 2.49% of the company shares, while shares held by institutions stand at 9.62% with a share float percentage of 9.87%. Investors are also buoyed by the number of investors in a company, with NIO Inc ADR having a total of 572.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 60.47 million shares worth more than $251.55 million. As of 2024-06-30, BLACKROCK INC. held 2.9581% of shares outstanding.
The other major institutional holder is STATE STREET CORP, with the holding of over 21.94 million shares as of 2024-06-30. The firm’s total holdings are worth over $91.27 million and represent 1.0733% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are SPDR Portfolio Emerging Markets ETF and Invesco ETF Tr-Invesco Golden Dragon China ETF. As of Dec 31, 2024, the former fund manager holds about 0.10% shares in the company for having 1.62 shares of worth $8.43 million while later fund manager owns 1.06 shares of worth $5.54 million as of Dec 31, 2024, which makes it owner of about 0.07% of company’s outstanding stock.
