A share price of NIO Inc ADR [NIO] is currently trading at $4.32, up 1.17%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NIO shares have gain 3.35% over the last week, with a monthly amount drifted -6.49%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
NIO Inc ADR [NYSE: NIO] stock has seen the most recent analyst activity on January 07, 2025, when HSBC Securities downgraded its rating to a Hold. Previously, Goldman downgraded its rating to Sell on November 25, 2024, and dropped its price target to $3.90. On November 20, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $4.80 on the stock. Macquarie upgraded its rating to a Outperform but stick to its price target of $6.60 on October 28, 2024. JP Morgan upgraded its rating to a Overweight and raised its price target to $8 on September 06, 2024. In a note dated May 15, 2024, JP Morgan upgraded an Neutral rating on this stock and boosted its target price from $4.80 to $5.40.
NIO Inc ADR experienced fluctuations in its stock price throughout the past year between $3.61 and $7.71. Currently, Wall Street analysts expect the stock to reach $6.33 within the next 12 months. NIO Inc ADR [NYSE: NIO] shares were valued at $4.32 at the most recent close of the market. An investor can expect a potential return of 46.53% based on the average NIO price forecast.
Analyzing the NIO fundamentals
Trailing Twelve Months sales for NIO Inc ADR [NYSE:NIO] were 8.76B which represents -0.98% decline. Gross Profit Margin for this corporation currently stands at 0.09% with Operating Profit Margin at -0.36%, Pretax Profit Margin comes in at -0.32%, and Net Profit Margin reading is -0.33%. To continue investigating profitability, this company’s Return on Assets is posted at -0.2, Equity is -1.15 and Total Capital is -0.48. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.99.
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 4.22 points at the first support level, and at 4.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.38, and for the 2nd resistance point, it is at 4.43.
Ratios To Look Out For
To put it in perspective, the Current Ratio for NIO Inc ADR [NYSE:NIO] is 1.04. Also, the Quick Ratio is 0.93, while the Cash Ratio stands at 0.41. Considering the valuation of this stock, the price to sales ratio is 0.95, the price to book ratio is 5.58.
