(VIANEWS) – Shares of Nio (NIO) dropped 7.76% to $46.39 at 15:45 EST on Wednesday, after three successive sessions in a row of losses. NYSE Composite (NIO) is rising 0.52% to $16,640.96, following the last session’s downward trend. This seems, up to now, a somewhat bullish trend exchanging session today.
Nio’s last close was $50.29, 24.93% below its 52-week high of $66.99.
Today’s last reported volume for Nio is 80194884 which is 13.87% above its average volume of 70429101.
Nio’s sales growth is 133.8% for the current quarter and 99.1% for the next. The company’s growth estimates for the current quarter and the next is 38.9% and 33.3%, respectively.
Year-on-year quarterly revenue growth grew by 481.8%, now sitting on 22.87B for the twelve trailing months.
Nio’s last week, last month’s, and last quarter’s current volatility was a negative 2.76%, a positive 0.79%, and a positive 2.93%, respectively.
Nio’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.76% (last week), 2.82% (last month), and 2.93% (last quarter), respectively.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,
Nio’s stock is considered to be overbought (>=80).
Nio’s Stock Yearly Top and Bottom Value
Nio’s stock is valued at $46.39 at 15:45 EST, way below its 52-week high of $66.99 and way above its 52-week low of $10.46.
Nio’s Moving Average
Nio’s worth is higher than its 50-day moving average of $43.24 and above its 200-day moving average of $45.63.
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