In the last trading session, 1.95 million shares of the Niu Technologies ADR (NASDAQ:NIU) were traded, and its beta was 0.07. Most recently the company’s share price was $4.24, and it changed around $0.37 or 9.56% from the last close, which brings the market valuation of the company to $293.96M. NIU currently trades at a discount to its 52-week high of $4.22, offering almost 0.47% off that amount. The share price’s 52-week low was $1.61, which indicates that the current value has risen by an impressive 62.03% since then. We note from Niu Technologies ADR’s average daily trading volume that its 10-day average is 2.6 million shares, with the 3-month average coming to 856.61K.
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 0 rate it as Overweight. Among the rest, 1 recommended NIU as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight.
Niu Technologies ADR (NASDAQ:NIU) trade information
Instantly NIU has showed a green trend with a performance of 9.56% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 4.25 on recent trading dayincreased the stock’s daily price by 0.24%. The company’s shares are currently up 136.87% year-to-date, but still up 20.80% over the last five days. On the other hand, Niu Technologies ADR (NASDAQ:NIU) is 81.20% up in the 30-day period. We can see from the shorts that 2.16 million shares have been sold at a short interest cover period of 2.87 day(s).
Niu Technologies ADR (NASDAQ:NIU)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.15% of Niu Technologies ADR shares, and 10.92% of them are in the hands of institutional investors. The stock currently has a share float of 10.94%. Niu Technologies ADR stock is held by 58.0 institutions, with GOLDMAN SACHS GROUP INC being the largest institutional investor. By 2024-06-30, it held 1.0459% of the shares, which is about 0.82 million shares worth $1.44 million.
MORGAN STANLEY, with 0.7876% or 1.25 million shares worth $2.17 million as of 2024-06-30, holds the second largest percentage of outstanding shares.