Niu Technologies ADR (NASDAQ:NIU) price on current trading day, rose 4.97% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.90.
A look at the stock’s price movement, the close in the last trading session was $1.81, moving within a range at $1.84 and $1.93. The beta value (5-Year monthly) was 0.509. Turning to its 52-week performance, $3.50 and $1.57 were the 52-week high and 52-week low respectively. Overall, NIU moved -9.09% over the past month.
Niu Technologies ADR’s market cap currently stands at around $131.73 million, with investors looking forward to this quarter’s earnings report slated for in January.
Wall Street analysts have also projected the company’s year-on-year revenue to grow to 3.31B, representing a 25.00% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that NIU is a 100% Sell. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 1 recommend NIU as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
NIU’s current price about -1.25% and -15.94% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 44.56, while 7-day volatility ratio is 4.94% and 5.48% in the 30-day chart. Further, Niu Technologies ADR (NIU) has a beta value of 0.46, and an average true range (ATR) of 0.12.
If we refocus on Niu Technologies ADR (NASDAQ:NIU), historical trading data shows that trading volumes averaged 0.38 over the past 10 days and 633.58K over the past 3 months. The company’s latest data on shares outstanding shows there are 69.33 million shares.
The 0.02% of Niu Technologies ADR’s shares are in the hands of company insiders while institutional holders own 9.77% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.58 million on 2024-10-31, giving us a short ratio of 1.62. The data shows that as of 2024-10-31 short interest in Niu Technologies ADR (NIU) stood at 356.0 of shares outstanding, with shares short rising to 1.06 million registered in 2024-09-30. Current price change has pushed the stock -13.24% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the NIU stock continues to rise going into the next quarter.
