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Less Than One Hour Before The Market Open, Nio Is Up By 4%

(VIANEWS) – The NYSE opens in less than one hour and Nio‘s pre-market value is already 4.47% up.

Nio’s last close was $5.38, 66.75% below its 52-week high of $16.18.

The last session, NYSE finished with Nio (NIO) dropping 2.89% to $5.38. NYSE dropped 0.57% to $17,004.78, after two consecutive sessions in a row of losses, on what was a somewhat negative trend exchanging session.

About Nio

NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. It offers five and six-seater electric SUVs, as well as smart electric sedans. The company also offers power solutions, including Power Home, a home charging solution; Power Swap, a battery swapping service; Power Charger and Destination Charger; Power Mobile, a mobile charging service through charging vans; Power Map, an application that provides access to a network of public chargers and their real-time information; and One Click for Power valet service. In addition, it provides repair, maintenance, and bodywork services through its NIO service centers and authorized third-party service centers; statutory and third-party liability insurance, and vehicle damage insurance through third-party insurers; repair and routine maintenance; courtesy vehicle services; roadside assistance; data packages; and auto financing and financial leasing services. Further, the company involved in the provision of energy and service packages to its users; design and technology development activities; manufacture of e-powertrains, battery packs, and components; and sales and after sales management activities. Additionally, it offers NIO Certified, a used vehicle inspection, evaluation, acquisition, and sales service. The company was formerly known as NextEV Inc. and changed its name to NIO Inc. in July 2017. NIO Inc. was incorporated in 2014 and is headquartered in Shanghai, China.

Earnings Per Share

As for profitability, Nio has a trailing twelve months EPS of $-1.79.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -81.57%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Nio’s EBITDA is -3.67.

Revenue Growth

Year-on-year quarterly revenue growth grew by 46.6%, now sitting on 54.58B for the twelve trailing months.

Yearly Top and Bottom Value

Nio’s stock is valued at $5.38 at 09:01 EST, under its 52-week low of $5.43.

More news about Nio (NIO).

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