Shares of NIO fell 8.13% to $41.54 at 14:25 EST on Friday, following yesterday’s upward trend. The New York Stock Exchange is dropping 0.64% to $14,302.90, following yesterday’s upward trend, This seems, so far, a somewhat rough trend trading session today.
NIO’s last close was $45.22, 37.70% below its 52-week high of $57.20.
News about NIO today
Tesla’s chinese rival nio joins race for cash with share sale. According to today’s article on Bloomberg Quint, “Chinese electric-car maker Nio Inc. joined the rush for fundraising among new-energy vehicle manufacturers, capitalizing on a 11-fold increase in its share price this year to boost its coffers.”
Stocks making the biggest moves in the premarket: disney, QUALCOMM, nio, lululemon & more. According to today’s article on CNBC, “Take a look at some of the biggest movers in the premarket:”
NIO’s sales growth is 137.8% for the current quarter and 264.1% 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 $41.54 at 14:25 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 worth is under its 50-day moving average of $42.16 and way above its 200-day moving average of $21.28.