In the last trading session, 23.21 million shares of the NIO Inc ADR (NYSE:NIO) were traded, and its beta was 1.57. Most recently the company’s share price was $3.44, and it changed around -$0.08 or -2.27% from the last close, which brings the market valuation of the company to $6.68B. NIO currently trades at a discount to its 52-week high of $7.71, offering almost -124.13% off that amount. The share price’s 52-week low was $3.02, which indicates that the current value has risen by an impressive 12.21% since then. We note from NIO Inc ADR’s average daily trading volume that its 10-day average is 34.37 million shares, with the 3-month average coming to 44.87 million.
NIO Inc ADR stock received a consensus recommendation rating of Hold, based on a mean score of 2.28. If we narrow it down even further, the data shows that 0 out of 28 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 11 recommended NIO as a Hold, whereas 10 deemed it a Buy, and 2 rated it as Underweight.
NIO Inc ADR (NYSE:NIO) trade information
Instantly NIO has showed a red trend with a performance of -2.27% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 3.89 on recent trading dayincreased the stock’s daily price by 11.57%. The company’s shares are currently down -21.10% year-to-date, but still down -9.71% over the last five days. On the other hand, NIO Inc ADR (NYSE:NIO) is -16.10% down in the 30-day period. We can see from the shorts that 204.36 million shares have been sold at a short interest cover period of 6.69 day(s).
The consensus price target as assigned by Wall Street analysts is $4.2, which translates to bulls needing to increase their stock price by 18.1% from its current value. Analyst projections state that NIO is forecast to be at a low of $4.2 and a high of $4.2.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 0.91%. NIO Inc ADR earnings are expected to increase by 20.72% in 2025, but the outlook is positive 31.74% per year for the next five years.
NIO Dividends
NIO Inc ADR’s next quarterly earnings report is expected to be released on 2025-Jun-02.
NIO Inc ADR (NYSE:NIO)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 2.50% of NIO Inc ADR shares, and 12.07% of them are in the hands of institutional investors. The stock currently has a share float of 12.38%. NIO Inc ADR stock is held by 537.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 2.9499% of the shares, which is about 60.47 million shares worth $251.55 million.
STATE STREET CORP, with 1.0703% or 21.94 million shares worth $91.27 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
