NIO Inc ADR (NYSE:NIO) shares, rose in value on Wednesday, March 26, with the stock price down by -3.87% to the previous day’s close as strong demand from buyers drove the stock to $4.22.
Actively observing the price movement in the last trading, the stock closed the session at $4.39, falling within a range of $4.18 and $4.42. The value of beta (5-year monthly) was 1.805. Referring to stock’s 52-week performance, its high was $7.71, and the low was $3.61. On the whole, NIO has fluctuated by -1.17% over the past month.
With the market capitalization of NIO Inc ADR currently standing at about $8.12 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-20.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 90.85B, with a low estimate of 12.33B and a high estimate of 12.58B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 12.46B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NIO’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of NIO currently trading nearly -9.18% and -4.77% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.93, while the 7-day volatility ratio is showing 5.01% which for the 30-day chart, stands at 6.20%. Furthermore, NIO Inc ADR (NIO)’s beta value is 1.69, and its average true range (ATR) is 0.29.
A comparison of NIO Inc ADR (NIO) with its peers suggests the former has fared considerably weaker in the market. NIO showed an intraday change of -3.87% in last session, and over the past year, it shrunk by -13.70%%.
Data on historical trading for NIO Inc ADR (NYSE:NIO) indicates that the trading volumes over the past 10 days have averaged 62.06 and over the past 3 months, they’ve averaged 54.19 million. According to company’s latest data on outstanding shares, there are 1.92 billion shares outstanding.
Nearly 0.00% of NIO Inc ADR’s shares belong to company insiders and institutional investors own 9.77% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 180.54 million shares as on 2025-03-14, resulting in a short ratio of 2.56. According to the data, the short interest in NIO Inc ADR (NIO) stood at 1215.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 199.6 million. The stock has fallen by -3.21% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NIO stock heading into the next quarter.