Niu Technologies ADR (NASDAQ:NIU) does about 1.46M shares in volume on a normal day but saw 2312068 shares change hands in the recent trading day. The company now has a market cap of 259.94M USD. Its current market price is $3.73, marking an increase of 11.01% compared to the previous close of $3.36. The 52 week high reached by this stock is $4.90 whilst the lowest price level in 52 weeks is $1.65.
The consensus objective for the share price is $4.12, suggesting that the stock has a potential upside of 9.47% over the period.
FactSet Research has provided data showing that 3 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 2 have advised that investors hold their positions. The consensus recommendation rating is Hold and Wall Street’s advice is for investors to Strong Buy the stock.
BofA Securities also downgraded the stock to “Neutral” from Buy on February 07, 2023 at a price target of $11.40-$5.90. Jefferies initiated its price target at $10.50.
The current price level is 4.56%, 10.04%, and 45.13% away from its SMA20, SMA50, and SMA200 respectively, with the NIU price moving below the 50-day SMA on current market day. Niu Technologies ADR (NIU) stock is up 9.06% over the week and -2.61% over the past month. Its price is 108.38% year-to-date and 107.22% over the past year.
To reach the target analysts have set, the stock logically needs to grow 9.47 percent from here.
The company has a return on investment of -19.76% and return on equity of -18.32%. The forward price to earnings ratio is 9.67. The beta has a value of -0.23. Price to book ratio is 2.35 and price to sales ratio is 0.54.
