Shares of NIO 5.87% to $42.56 at 11:18 EST on Friday, following yesterday’s upward trend. The New York Stock Exchange is 0.31% to $14,349.60, following yesterday’s upward trend, This seems, , a somewhat trend today.
NIO’s last close was $45.22, 34.40% its 52-week high of $57.20.
News about NIO today
Tesla’s Chinese rival, Nio, joins race for cash with share sale. According to today’s article on Bloomberg Quint, “Chinese electric-car maker Nio Inc. joined the rush for fundraising among new-energy vehicle manufacturers, capitalizing on a 11-fold increase in its share price this year to boost its coffers.”
NIO’s sales growth is 137.8% for the quarter and 264.1% for the next. The company’s growth estimates for the quarter and the next is 74.4% and 47.8%, respectively.
NIO’s Stock Top and Bottom Yearly Value
NIO’s stock is at $42.56 at 11:18 EST, way its 52-week high of $57.20 and way its 52-week low of $2.11.
NIO’s Moving Average
NIO’s is its 50-day moving average of $42.16 and way its 200-day moving average of $21.28.