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NIO Stock Bearish By 5% So Far Today

ViaNews Editorial Team

December 9, 2020

NIO Stock Bearish By 5% So Far Today
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Shares of NIO slid 5.92% to $43.81 at 14:44 EST on Wednesday, after two consecutive sessions in a row of gains. The New York Stock Exchange is dropping 0.17% to $14,378.20, following yesterday's upward trend, on what so far seems, a somewhat negative trend exchanging session today.

NIO's last close was $46.56, 30.56% below its 52-week high of $57.20.

NIO's Sales

NIO's sales growth is 138.3% for the current quarter and 264.8% for the next. The company's growth estimates for the ongoing quarter and the next is 74.4% and 47.8%, respectively.

NIO's Stock Top and Bottom Yearly Value

NIO's stock is valued at $43.81 at 14:44 EST, way below its 52-week high of $57.20 and way higher than its 52-week low of $2.11.

NIO's Moving Average

NIO's worth is above its 50-day moving average of $41.21 and way higher than its 200-day moving average of $20.94.

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.