Even though NIO has been somewhat immune to the crisis, shares falling 6.96% to $42.19 at 11:09 EST on Friday, following yesterday’s downward trend. The New York Stock Exchange is jumping 0.79% to $14,328.90, after three sequential sessions in a row of gains, on what up to now seems, a somewhat positive trend trading session today.
NIO’s last close was $45.35, 35.58% under its 52-week high of $57.20.
NIO’s sales growth is 137.4% for the ongoing quarter and 263.5% for the next. The company’s growth estimates for the current 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 $42.19 at 11:09 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 higher than its 50-day moving average of $39.77 and way higher than its 200-day moving average of $19.81.
Previous days news about NIO
According to yesterday’s article on Bloomberg Quint, “Kamala Harris Announces an All-Female Slate of Senior Staff Picks.”
According to yesterday’s article on MarketWatch, “Opinion: Why DoorDash is shaping up as the year’s most ridiculous IPO.”