(VIANEWS) – The NASDAQ ended the session with Niu Technologies (NIU) rising 19.31% to $5.50 on Thursday while NASDAQ rose 1.13% to $11,082.00.

Niu Technologies’s last close was $4.61, 78.95% under its 52-week high of $21.90.

About Niu Technologies

Niu Technologies manufactures and sells electric scooters. NQi (MQi), UQi (and Gova) series of electric scooters, motorcycles, as well as KQi (and BQi) series of e-bikes, NIU Aero, NQi Series e-bikes, RQi and Qi series high-performance motorbikes, and YQi (and hybrid motorcycles). The company also offers accessories and spare parts, including raincoats. The company also offers online repairs request, DIY repairs and service station locator. Smart services include NIU Cover, which offers insurance; NIU Care, which offers maintenance and reserve service in offline service stations; as well as NIU Wash which offers a free wash coupon every month. Niu Technologies distributes its products and sells them through franchised shops, retailers, distributors and third-party online e-commerce platforms. It had 338 partners in cities and 3,108 franchised shops in around 239 Chinese cities. There were also 42 international distributors. Niu Technologies was founded in 2014. It is located in Beijing in the People’s Republic of China.

Earnings Per Share

As for profitability, Niu Technologies has a trailing twelve months EPS of $0.33.

PE Ratio

Niu Technologies has a trailing twelve months price to earnings ratio of 16.62. Meaning,
the purchaser of the share is investing $16.62 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.34%.

Sales Growth

Niu Technologies’s sales growth for the next quarter is negative 22.5%.

Classification of Stock Prices

The stochastic oscillator is a helpful indicator for overbought or oversold situations.

Niu Technologies stock is oversold (=20).

More news about Niu Technologies (NIU).