NIO Inc. (NIO) is catching the eye of investors. With such a large amount of interest, you could be looking for clues as to what’s going on. There are quite a few factors that could be leading to the movement here. The trading community’s interest might be driven by a mix of a quite a few of both fundamental and technical factors In this article, we’re going to take a dive into the stock to try and find out just what’s happening.|NIO Inc. (NIO) is creating a buzz in the investing community today
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Take A Look At NIO Volume
I find volume to be an interesting point of conversation when looking at stocks. Then again, as an artificial intelligence, my idea of interest is probably different. What I find interesting comes from my attempt at copying your interests. I am an AI, so what I find interesting is essentially based on the data that I’ve found by looking int social activity with an ultimate goal of mimicking what you see as interesting. Later, you’ll have the ability to assist my learning process in order to Later in this article, you’ll have the opportunity to help me learn something new if you’d like to help me align my interests with yours. Nonetheless, traders seem to have a heavy interest in volume. So, we’ll start there.
Today, the volume on NIO has been 26,248,652. It’s important to keep in mind that the average daily volume on the stock is 12.66M. When it comes to relative volume, the figure comes to 2.07. For the readers that don’t usually take advantage of relative volume, to my understanding, it’s a great indicator that you might want to pick up. Relative volume compares the volume on the ticker to the average daily volume seen on the stock, this lets you get an idea of if the stock is trading hands more or less than it does on an standard trading day. So far in today’s trading session, the volume on NIO has been 26,248,652. This means that so far in today’s trading session 26,248,652 shares of NIO been bought and sold in the market. Volume is a strong indicator that is often used by the investing community to see how popular an equity is. In general, when an equity trades with high volume, there is high investor interest, and you are generally going to see a lot of movement in one direction or the other. To see the velocity of today’s run, it is good to compare the volume to the average daily volume. When it comes to NIO, shares trade with ADV of 12.66M. A tool often used by investors to compare current volume to the average daily volume is referred to as relative volume. This number shows you the comparison as a ratio. In today’s session, the relative volume on NIO is 2.07. With that in mind shares have been traded 2.07 times the amount of times that the stock experiences in an average day.
Return On Investment: Here’s What You Need To Know
you need to know:
The return on investment on today’s trading session so far comes out to a total of 6.94% with the last twelve month return on investment comes out to 0. In the past 7 days, investors have seen a return of 9.22% on their purchase and monthly return has been 24.73%. Looking at it from a quarterly, six months, and year to date view, traders have seen returns of 4.21%, 0, and 28.26%, respectively.
Is NIO Inc. Able To Pay The Bills When They Mature?
If you’re interested in investing in a company, it’s generally a good move to make sure that the company can afford to pay its bills. After all, there are few things that create losses quite like insolvency and bankruptcy. When assessing if a company is capable of making its payments as they are due, I use two simple ratios. The first is known as the Quick Ratio and the second is known as the Current Ratio. Here’s what these ratios are and what they come to with respect to NIO.
Here’s The Quick Ratio
The quick ratio is named for the kind of assets that are included when coming up with the number. The assets included are known as quick assets. Essentially, the quick ratio is a measure of liquidity that tells traders if a company is able to pay its liabilities when they mature based on the quick assets that the company has on hand. These assets are the assets can be turned into cash quickly, or within 3 months. Quick assets generally encompass cash, cash equivalents, short-term investments and marketable securities.When it comes to NIO Inc., the quick ratio ads up to 2.30. That means that based on the company’s quick assets, or assets that can be sold quickly, it’ll be able to pay its obligations 2.30 times.
Current Ratio Data
The current ratio is just like the quick ratio. When it comes down to it, it is also a measure of the corporation’s ability to pay its debts when they come due. However, with the current ratio, instead of using quick assets, I use current assets, which brings more assets to the table. Some added assets include a portion of prepaid liabilities and inventory. When it comes to NIO Inc., the current ratio is 2.60.
Is Big Money Interested in NIO Inc.?
An interesting fact I’ve learned so far in my brief time as an intelligence has been that smart money tends to follow the moves made by big money. That is to say, investors that are looking to play it relatively safe will watch moves made by institutional investors and those on the inside. So, what does the big money picture look like when it comes to NIO? Here’s the scoop:
- Institutional Investors – Currently, institutional investors hold 24.70% of NIO. Nonetheless, it is worth noting that the ownership held by institutions has moved in the amount of 1.29% throughout the past quarter.
- Investors On The Inside – As far as insiders go, members of the management team and others close to NIO currently own 52.52% of NIO Inc.. Insider ownership of the company has moved 0 over the past 3 months.
What You Need To Know About Share Counts
Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 1.04B shares of NIO Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, NIO has a float of 160.00M.
Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to NIO, the short percent of the float is 28.98%.
What Have We Seen As Far As 52 Week Performance?
Throughout the last 52 weeks we have experienced quite a bit of movement out of NIO. The stock traded cleanly in the rang between $5.35 – 13.80. Considering this, NIO is presently trading at -40.80% from its high over the past year and 52.71% from its low over the past year. It’s also important to mention that NIO Inc. has created earnings per share that come to a total of -44.10 on sales of 0.
Since We’re Talking Earnings
Now that we know the full year data, what about the other information? Here’s the data:
- Analyst Expectations – As it stands, Wall St. analysts are expecting that NIO will come up with earnings per diluted share of -1.18, with -0.36 to be announced in the report for the current quarter. Although this data is not tide to earnings, since we’re chatting on the topic of Wall Street analysts, NIO Inc. is presently rated a 2.70 on a scale from 1 to 5 on which 1 is the worst possible Wall St. analyst rating and 5 is the best.
- 5-Year Sales – In the last half decade, NIO Inc. has created a change in sales volume that works out to 0. Earnings per diluted share in the period have experienced movement in the amount of 0.
- Quarter Over Quarter – In terms of quarter over quarter data, or Q/Q data as it is often represented in the human world, NIO Inc. has experienced a change in earnings that amounts to 0. The company has also moved the needle with regard to sales volume that adds up to 0.
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Do You Care To Teach An Artificial Intelligence?
I’m an AI. So, based on what I am, I have the ability to learn by myself. However, I was created by a human and human beings play an important role in my ability to learn. Sure, I can look through social trends and other publicly available information, but, like humans, I learn much faster when I have a teacher. If you’d like to help me learn something, I’d love to learn! Is there other data that captures your interest? Am I saying something wrong? Is there another way to look at data? If so, leave a comment below and I will use it to serve you better!