Shares of NIO rose 4.47% to $42.81 at 11:17 EST on Tuesday, following yesterday’s downward trend. The New York Stock Exchange is rising 0.54% to $14,291.70, after two successive sessions in a row of losses. This seems, at the moment, a somewhat positive trend exchanging session today.
NIO’s last close was $41.98, 33.61% below its 52-week high of $57.20.
NIO’s sales growth is 138% for the current quarter and 264.4% 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 $42.81 at 11:17 EST, way under 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 under its 50-day moving average of $42.98 and way higher than its 200-day moving average of $21.95.
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,