Niu Technologies ADR (NASDAQ:NIU) currently has a daily average trading volume of 380.29K but it saw 971592 shares traded in last market. With a market cap of 155.99M USD, the company’s current market price of $2.25 came rising about 5.63 while comparing to the previous closing price of $2.13. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.50 and as low as $1.60.
Taking a look at 20-day trading activity of Niu Technologies ADR (NIU) gives us an average price of $2.08, while its current price level is -35.71% below from 52-week high level whereas it is 40.62% 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 $1.92 while that of 200 days or SMA-200 reads an average of $2.03. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.62% during that period while stretching the period over a month that decreases to 5.35%. 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 61.35 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 2.27% up while it is 16.58% when we observe its performance for the past one month. Year-to-date it is 25.70% up and over the past year, the stock is showing an upside performance of 16.58%.
The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 0 while estimate for next year EPS is -1.57.
Currently, Niu Technologies ADR’s total number of outstanding shares is 69.33M with 0.15% of that held by the insiders while 11.12% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -24.71% and return on equity (ROE) at -25.05%. It has a 5232.56 of forward P/E ratio. Stock’s beta reads 0.50. Stock has a price to book (P/B) ratio of 1.24 while price to sale or P/S ratio amounts to 0.38. Its return on asset (ROA) is -11.38% on average.
