Is It Time To Hold Stock? NIO Inc. ADR (NIO)

NIO Inc. ADR (NIO) STOCK PRICE MOVEMENT:

NIO Inc. ADR (NIO) stock price sited at -38.41% from the 52 week high and situated at 58.88% from 52 week low. 56007432 shares traded on hands while it’s an average volume stands with 132556.35K shares. In last trading session, the stock received negative focus on shares from Traders. The stock has performed -14.14% and it registered share value at $8.5 in recent trade transaction.

VOLATILITY FACTOR: ATR value of 3.43 measure stock volatility. The Average True Range is an exponential moving average (14-days) of the True Ranges.

MARKET CAPITALIZATION AND VALAATION INDICATORS:

NIO Inc. ADR (NIO) is China based company. Currently it has a market worth of $10218.62M. Using market capitalization to show the size of a company is important because company size is a basic determinant of various characteristics in which investors are interested, including risk. Forward P/E is a measure of the price-to-earnings ratio using forecasted earnings for the P/E calculation for the next fiscal year.

PERFORMANCE WATCH:

NIO Inc. ADR (NIO) has year to date performance of 28.79%.

Category – Market Movers

Hank Winkel has over 10 years of experience as a professional journalist, writer and an editor. He holds a bachelor’s degree in International Business from University of Melbourne. He studied a business degree majoring in finance and security analysis. He has a deep understanding of both technical and fundamental forms of analysis, he deeply believes that it makes a lot more sense for average investors to understand fundamental analysis, which he believes anyone can learn. Hank writes articles about Market Movers, dividend growth investing, options trading, investment decisions, stock selection, portfolio management, and passive income generation. Hank Winkel primarily reports on Market Movers category.
Email Contact: Hank@nysewired.com

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