EV Stock Niu Technologies – ADR (NIU) Drops 2.51% Thursday; Analysts Are Neutral, Are They Wrong? – InvestorsObserver
Niu Technologies – ADR is a player in the EV industry that is lower by 2.51% Thursday. Wall Street is positive on Niu Technologies – ADR (NIU). On average, analysts give the stock a Hold rating. The average price target is $8.5, which means analysts expect the stock to add by 57.99% over the next twelve months. That average ranking earns the stock an Analyst Rating of 5, which is better than 5% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What’s Happening With Niu Technologies – ADR Stock Today?
Niu Technologies – ADR (NIU) stock is trading at $5.38 as of 9:50 AM on Thursday, Dec 22, a decline of -$0.14, or -2.51% from the previous closing price of $5.52. The stock has traded between $5.36 and $5.59 so far today. Volume today is less active than usual. So far 152,641 shares have traded compared to average volume of 1,382,475 shares. Click Here to get the full Stock Report for Niu Technologies – ADR stock.
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You’re all set to receive the Morning Update newsletter
Stock Price data may be delayed up to 15 minutes.
Copyright © 2022. Portions of this content may be copyrighted by Fresh Brewed Media, Investors Observer, and/or O2 Media LLC. All Rights Reserved. Portions of this content protected by US Patent numbers 7,865,496, 7,856,390, and 7,716,116. Investing in stocks, bonds, option and other financial instruments involve risks and may not be suitable for everyone. Portfolio results are unaudited and based on varying investment expiration dates. Terms of Service | Privacy Policy