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NIO Stock Went Down By Over 3% So Far Today, Following its December Bearish Momentum

ViaNews Editorial Team

December 22, 2020

NIO Stock Went Down By Over 3% So Far Today, Following its December Bearish Momentum
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Shares of NIO fell 3.48% to $47.24 at 13:24 EST on Tuesday, after five successive sessions in a row of gains. The New York Stock Exchange is falling 0.4% to $14,321.90, after two sequential sessions in a row of losses. This seems, up to now, a somewhat rough trend trading session today. NIO's last close was $48.95, 21.08% below its 52-week high of $57.20.

NIO's Sales

NIO's sales growth is 138.3% for the current quarter and 264.9% for the next. The company's growth estimates for the current quarter and the next is 76.9% and 47.8%, respectively.

NIO's Stock Yearly Top and Bottom Value

NIO's stock is valued at $47.24 at 13:24 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 above its 50-day moving average of $45.41 and way above its 200-day moving average of $23.42.
ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.