NIO has been somewhat immune to the crisis with its shares jumping 3.77% to $47.07 at 15:13 EST on Wednesday, after two successive sessions in a row of losses. The New York Stock Exchange is sliding 0.05% to $14,139.30, following yesterday’s upward trend, on what so far seems, a somewhat negative trend trading session today.
NIO’s last close was $45.36, 21.52% under its 52-week high of $57.20.
News about NIO today
According to today’s article on Bloomberg Quint, “Salesforce’s Benioff Escalates Microsoft Rivalry With Slack Deal.”
According to today’s article on Bloomberg Quint, “Elon Musk Takes Tesla’s War on Labor Unions to Germany.”
Ball corp. announces seNIOr management changes; names fisher president – quick facts. According to today’s article on Business Insider, “(RTTNews) – Ball Corp”
LBM acquisition, LLC — moody's assigns b2 CFR to LBM acquisition, seNIOr secured term loans rated b2; seNIOr notes rated caa1; outlook stable. According to today’s article on Business Insider, “Rating Action: Moody's assigns B2 CFR to LBM Acquisition, senior secured term loans rated B2; senior notes rated Caa1; outlook stable<div class="spacer-5"></div><a class="btn-more" href="https://www.moodys.com/page/viewresearchdoc.aspx?docid=PR_436801cid=7QFRKQSZE021" target="_blank" rel="noopener">Read the full article at Moody's</a>.”
NIO’s sales growth is 136.5% for the present quarter and 262.1% 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 $47.07 at 15:13 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 way above its 50-day moving average of $38.47 and way higher than its 200-day moving average of $19.42.
Previous days news about NIO
According to yesterday’s article on Bloomberg Quint, “Credit Suisse Proposes Antonio Horta-Osorio as Next Chairman.”
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.”
According to yesterday’s article on Bloomberg Quint, “South African Government-Pay Dispute With Unions Heads for Court.”
According to yesterday’s article on Bloomberg Quint, “Mexico’s AMLO Rises in Opinion Poll Despite Low Marks on Economy.”
According to yesterday’s article on Bloomberg Quint, “Copper Bonanza Is Emboldening Unions in Biggest-Producing Nation.”