Niu Technologies ADR (NASDAQ:NIU) currently has a daily average trading volume of 351.02K but it saw 896400 shares traded in last market. With a market cap of 189.85M USD, the company’s current market price of $2.74 came falling about -0.72 while comparing to the previous closing price of $2.76. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.83 and as low as $1.57. In the recent trading on the day, stock has struck highest price mark of $2.6 while lowest mark touched by it was $2.885.
Taking a look at 20-day trading activity of Niu Technologies ADR (NIU) gives us an average price of $2.04, while its current price level is -3.15% below from 52-week high level whereas it is 75.08% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.94 while that of 200 days or SMA-200 reads an average of $1.96. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.09% during that period while stretching the period over a month that decreases to 5.61%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 81.47 which implies that the stock is in overbought territory.
BofA Securities downgraded its recommendation for the stock as a “Neutral” from “Buy” on February 07, 2023 while assigning a price target range of $11.40-$5.90. Jefferies issued its recommendations for the stock as it initiated the price target for the stock is $10.50.
Over the week, NIU’s stock price is moving 26.27% up while it is 49.32% when we observe its performance for the past one month. Year-to-date it is 25.11% up and over the past year, the stock is showing an upside performance of 6.61%.
Currently, Niu Technologies ADR’s total number of outstanding shares is 69.29M. Company’s return on investment (ROI) stands at -28.28% and return on equity (ROE) at -25.05%. It has a 10.56 of forward P/E ratio. Stock’s beta reads 0.48. Stock has a price to book (P/B) ratio of 1.34 while price to sale or P/S ratio amounts to 0.48. Its return on asset (ROA) is -11.38% on average.
