Niu Technologies ADR (NIU) Stock Up 8.09%: Is It a Good Investment?

Niu Technologies ADR [NIU] stock prices are up 8.09% to $1.87 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NIU shares have gain 10.00% over the last week, with a monthly amount glided 10.65%, and seem to be holding up well over a long-time horizon.

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On 19, February 2024, Niu Technologies to Report Fourth Quarter and Full Year 2023 Financial Results on Mar 18, 2024. In a post published today on Yahoo Finance, Niu Technologies (“NIU” or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced that it will report its financial results for the fourth quarter and full year 2023 before the U.S. market opens on Monday, March 18, 2024.

From an analyst’s perspective:

Niu Technologies ADR [NASDAQ: NIU] stock has seen the most recent analyst activity on May 22, 2023, when Citigroup downgraded its rating to a Neutral. Previously, BofA Securities downgraded its rating to Neutral on February 07, 2023, and dropped its price target to $5.90. On April 14, 2022, Jefferies initiated with a Hold rating and assigned a price target of $10.50 on the stock. UBS started tracking the stock assigning a Sell rating and suggested a price target of $15 on August 09, 2021. Daiwa Securities initiated its recommendation with a Outperform. Needham reiterated a Buy rating for this stock on January 15, 2021, and upped its price target to $46. In a note dated November 06, 2020, Citigroup upgraded an Buy rating on this stock and boosted its target price from $23.50 to $40.

The stock price of Niu Technologies ADR [NIU] has been fluctuating between $1.57 and $4.82 over the past year. Niu Technologies ADR [NASDAQ: NIU] shares were valued at $1.87 at the most recent close of the market.

Analyzing the NIU fundamentals

The Niu Technologies ADR [NASDAQ:NIU] reported sales of 393.00M for trailing twelve months, representing a drop of -23.98%. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at -0.07%, Pretax Profit Margin comes in at -0.06%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.14 and Total Capital is -0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.29.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.7667 points at the first support level, and at 1.6633 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.9867, and for the 2nd resistance point, it is at 2.1033.

Niu Technologies ADR [NIU] reported earnings per share of $0.11 for its fiscal quarter that ended on 12/30/2021. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.19/share, meaning a difference of -$0.08 and a surprise factor of -42.10%. By comparison, the stated earnings for the previous quarter ended on 9/29/2021 were $0.2 per share as compared to estimates of $0.28 per share, a difference of -$0.08 representing a surprise of -28.60%.

Ratios To Look Out For

It’s worth pointing out that Niu Technologies ADR [NASDAQ:NIU]’s Current Ratio is 1.60. As well, the Quick Ratio is 1.31, while the Cash Ratio is 0.57. Considering the valuation of this stock, the price to sales ratio is 0.33, the price to book ratio is 0.68.

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