NIO has been somewhat immune to the crisis with its shares jumping 3.58% to $46.98 at 14:11 EST on Wednesday, after two successive sessions in a row of losses. The New York Stock Exchange is jumping 0.1% to $14,161.00, following yesterday’s upward trend, on what up to now seems, a somewhat positive trend trading session today.
NIO’s last close was $45.36, 21.75% under its 52-week high of $57.20.
NIO’s sales growth is 136.5% for the ongoing quarter and 262.1% for the next. The company’s growth estimates for the present 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 $46.98 at 14:11 EST, way below its 52-week high of $57.20 and way higher than its 52-week low of $2.11.
NIO’s Moving Average
NIO’s value is way above its 50-day moving average of $38.47 and way above its 200-day moving average of $19.42.
Previous days news about NIO
NIO says deliveries more than doubled in november. According to yesterday’s article on MarketWatch, “NIO , the Chinese electric car maker, said it delivered 5,291 vehicles in November, for 109% year-over-year growth.”