NIO Inc. (NIO) Underpriced by 31.18%

Publicly-traded company NIO Inc. (NYSE:NIO) had a closing price of $2.34 yesterday. Meanwhile, the average 12-month price target from Wall Street analysts is currently $3.40, this means that the stock is underpriced by 31.18%. In the past 52 weeks the company’s stock price has moved within the range of $1.19 to $10.64.

This particular stock’s 5-day moving average is 1.69, its 20-day moving average is 1.57 and its 100-day moving average is 2.63. NIO Inc. (NIO) currently has 1.00B shares outstanding, which means that its market capitalization is $2.35B.

The Details: NIO Inc. (NIO) Financial Health

We can also find the company’s Return on Assets, which is a percentage that shows us how well a company uses its current assets to make a profit. The larger the score, the better. At the moment, NIO Inc. Return on Assets is -102.50%.

What Does Wall Street Say about Company?

When considering a stock buy, many investors seek to know what Wall Street analysts are saying about the company – by looking at the average analyst rating, for example. At the moment, the average analyst rating for NIO is Hold. Out of 11 total analysts who were surveyed, 1 rated it a sell, 3 rated it a underweight, 0 rated it an overweight, 6 rated it hold, and 1 rated it a Buy.

Three months ago, on the other hand, the average analyst rating for NIO Inc. (NIO) was a Hold – from a survey of 11 analysts. Of the analysts who provided ratings, 4 rated the company a Hold, 1 rated it a Sell, 0 rated it an overweight, 2 rated it an underweight, and 4 rated it a Buy.

Understanding Profitability at NIO Inc. (NIO)

When it comes to net revenue, the average estimate from a total of 3 analysts is 230.08M – compared to 211.91M posted in the year-ago period.