Niu Technologies [NIU] has traded in a range of $6.08 to $37.44 in the last 1 year. As of this writing, the stock is at $35.89, up 12.54%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, NIU shares are 12.65% up with the monthly amount drift of 16.83% and seems well in a long time frame.

On 2, November 2020, Niu Technologies to Release Third Quarter 2020 Results on November 23, 2020. According to news published on Yahoo Finance, Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, will release its financial results for the third quarter 2020 before the market opens on Monday, November 23, 2020.

Analyst Birdseye View:

The most recent analyst activity for Niu Technologies [NASDAQ:NIU] stock was on August 17, 2020, when it was Downgrade with a Neutral rating from Citigroup. Before that, on November 06, 2020, Citigroup Recapitulated a Buy rating and elevated its amount target to $40. On June 19, 2020, Piper Sandler Reiterated an Overweight rating and boosted its price target on this stock from $11 to $24. On December 03, 2019, Piper Jaffray Initiated an Overweight rating. On November 29, 2018, Needham Initiated a Buy rating and increased its price target to $12. On November 13, 2018, Citigroup Initiated a Buy rating and boosted its amount on this stock to $17.60.

In the past 52 weeks of trading, this stock has oscillated between a low of $6.08 and a peak of $37.44. Right now, according to Wall Street analyst the average 12-month amount target is $212.62. At the most recent market close, shares of Niu Technologies [NASDAQ:NIU] were valued at $35.89. According to the average price forecast, investors can expect a potential return of 85.34%.

FUNDAMENTAL ANALYSIS

Niu Technologies [NASDAQ:NIU] most recently reported quarterly sales of 90.98 billion, which represented growth of 21.60%. This publicly-traded organization’s revenue is $576,741 per employee, while its income is $52,801 per employee. This company’s Gross Margin is currently 23.60%, its Operating Margin is 5.90%, its Pretax Margin is +9.55, and its Net Margin is +9.16. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 14.12, 27.97, 17.87 and 27.97 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 21.55 and the whole liability to whole assets at 14.39.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 33.23 points at 1st support level, the second support level is making up to 30.57. But as of 1st resistance point, this stock is sitting at 37.22 and at 38.55 for 2nd resistance point.

Niu Technologies [NIU] reported its earnings at $0.13 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.09/share signifying the difference of 0.04 and 44.40% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were -$0.04 calling estimates for -$0.02/share with the difference of -0.02 depicting the surprise of -100.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Niu Technologies [NASDAQ:NIU] is 1.80. Likewise, the Quick ratio is also the same, showing Cash ratio at 1.42. Now if looking for a valuation of this stock’s amount to sales ratio it’s 2.18, it’s amount to book ratio is 5.61 and showing 131.95 of P/E (TTM) ratio.