Niu Technologies ADR (NASDAQ:NIU) currently has a daily average trading volume of 441.36K but it saw 972447 shares traded in last market. With a market cap of 183.62M USD, the company’s current market price of $2.65 came falling about -1.49 while comparing to the previous closing price of $2.69. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.50 and as low as $1.57. In the recent trading on the day, stock has struck highest price mark of $2.53 while lowest mark touched by it was $2.7194.
Taking a look at 20-day trading activity of Niu Technologies ADR (NIU) gives us an average price of $2.31, while its current price level is -24.29% below from 52-week high level whereas it is 69.33% 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 $2.03 while that of 200 days or SMA-200 reads an average of $1.98. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.25% during that period while stretching the period over a month that decreases to 7.11%. 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 58.94 which implies that the stock is in neutral 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 -3.28% down while it is 46.41% when we observe its performance for the past one month. Year-to-date it is 21.00% up and over the past year, the stock is showing an upside performance of 2.71%.
The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of 0 while estimate for next year EPS is -0.03. In next quarter, company is expected to be making quarterly sales of $740.22M as analysts are expecting the sales for current fiscal year at $487.34M and seeing the company making $632.77M in sales next year.
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 10.21 of forward P/E ratio. Stock’s beta reads 0.50. Stock has a price to book (P/B) ratio of 1.30 while price to sale or P/S ratio amounts to 0.47. Its return on asset (ROA) is -11.38% on average.
