Niu Technologies ADR (NIU) Stock: A Closer Look

A share price of Niu Technologies ADR [NIU] is currently trading at $2.16, up 4.35%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NIU shares have gain 9.09% over the last week, with a monthly amount glided 23.43%, and seem to be holding up well over a long-time horizon.

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.

Niu Technologies ADR experienced fluctuations in its stock price throughout the past year between $1.60 and $3.50. Niu Technologies ADR [NASDAQ: NIU] shares were valued at $2.16 at the most recent close of the market.

Analyzing the NIU fundamentals

Trailing Twelve Months sales for Niu Technologies ADR [NASDAQ:NIU] were 409.15M which represents 11.67% growth. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at -0.11%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.09, Equity is -0.24 and Total Capital is -0.31. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.46.

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 2.11 points at the first support level, and at 2.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.21, and for the 2nd resistance point, it is at 2.25.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Niu Technologies ADR [NASDAQ:NIU] is 1.33. In addition, the Quick Ratio stands at 0.94 and the Cash Ratio stands at 0.41. Considering the valuation of this stock, the price to sales ratio is 0.37, the price to book ratio is 1.19.

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