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NIO Stock Bullish Momentum With A 2% Jump As Session Comes To An End On Wednesday

Via News Editorial Team

December 16, 2020

NIO Stock Bullish Momentum With A 2% Jump As Session Comes To An End On Wednesday

Shares of NIO rose 2.54% to $44.61 at 15:29 EST on Wednesday, following yesterday's upward trend. The New York Stock Exchange is sliding 0.05% to $14,395.00, following yesterday's upward trend, This seems, up to now, a somewhat negative trend trading session today.

NIO's last close was $43.50, 28.22% below its 52-week high of $57.20.

NIO's Sales

NIO's sales growth is 137.5% for the ongoing quarter and 263.7% 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 $44.61 at 15:29 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 above its 50-day moving average of $43.48 and way above its 200-day moving average of $22.23.

Previous days news about NIO

Tesla’s chinese rival nio joins race for cash with share sale. According to Bloomberg Quint on Fri Dec 11,