Even though NIO has been somewhat immune to the crisis, shares dropping 3.47% to $46.31 at 15:33 EST on Thursday, following yesterday’s upward trend. The New York Stock Exchange is rising 0.4% to $14,245.30, after two sequential sessions in a row of gains, on what up to now seems, a somewhat positive trend exchanging session today.
NIO’s last close was $47.98, 23.52% under its 52-week high of $57.20.
NIO’s sales growth is 136.7% for the present quarter and 262.5% 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 $46.31 at 15:33 EST, way below its 52-week high of $57.20 and way above its 52-week low of $2.11.
NIO’s Moving Average
NIO’s value is way above its 50-day moving average of $39.23 and way above its 200-day moving average of $19.62.