NIO is on a bullish momentum since the session-start today with its shares jumping as high as 5.02% to $47.32 at 10:12 EST today. The New York Stock Exchange is inching 0.15% to $13218.7, on what seems, so far, a somewhat positive exchanging session on The New York Stock Exchange. This was the New York Stock Exchange’s two 2 consecutive sessions of gains.
NIO’s last close was $48.3, above its 52-week high of $43.3.
NIO’s sales growth is 149.7% for the present quarter and 98% for the next. The company’s growth estimates for the current quarter and the next is 92.9% and 61.5%, respectively.
NIO’s stock is valued at $47.32 at 10:12 EST, higher than its 52-week high of 43.3.
NIO’s value is way higher than its 50-day moving average of $25.6 and way above its 200-day moving average of $14.