NIO Stock Bearish Momentum With A 3% Fall So Far Today

Even though NIO has been somewhat immune to the crisis, shares falling 3.49% to $46.31 at 11:21 EST on Thursday, following yesterday's upward trend. The New York Stock Exchange is rising 0.3% to $14,230.80, after two consecutive sessions in a row of gains, on what so far seems, a somewhat positive trend exchanging session today. NIO's last close was $47.98, 23.52% under its 52-week high of $57.20.

NIO's Sales

NIO's sales growth is 136.7% for the present quarter and 262.5% for the next. The company's growth estimates for the present 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 $46.31 at 11:21 EST, way below its 52-week high of $57.20 and way higher than its 52-week low of $2.11.

NIO's Moving Average

NIO's worth is way above its 50-day moving average of $39.23 and way higher than its 200-day moving average of $19.62.

Previous days news about NIO

NIO shares drop despite record november electric car deliveries. According to Yahoo Finance on Tue Dec 1, "NIO traded lower Tuesday, even after the Shanghai-based company said it hit a new monthly record for deliveries of its electric vehicles in November, as fraud allegations by short-seller Hindenberg Research against rival Kandi Technologies prompted NIO investors to also sell." NIO, xpeng stocks swing to losses despite big jumps in november deliveries. According to Yahoo Finance on Tue Dec 1, "Shares of Nio Inc. and XPeng Inc. reversed course to trade sharply lower, again, even as the China-based electric vehicle makers reported strong growth in November deliveries, with Nio's more than doubling and Xpeng's more than quadrupling." NIO stock gets upgrade at goldman sachs. According to Yahoo Finance on Tue Dec 1, "Goldman Sachs analysts flipped their stance on Nio Inc., saying that in hindsight they underestimated the benefits that the Chinese electric-vehicle maker would get from breakthroughs such as its battery-swap idea."