Let’s Take a Look at Niu Technologies (NIU) Stock

Niu Technologies (NIU) share price soared 17.35% with the closing price of $27.05 on Friday. Niu Technologies stock has an exchanging volume of 3.73 million shares, which is high, contrasted with its 3-months average volume of 842.60K shares. Its market capitalization has now reached to $1.72B and analysts have a consensus target price of $24.46 in the 12-month period.

Citigroup announced it was Downgrade coverage of Niu Technologies in a research note on August 17, 2020. Piper Sandler rated the stock as an Overweight in a research noted published on June 19, 2020. Piper Jaffray rated the stock as an Overweight in a research note published on December 03, 2019.

NIU Past Trading Activity

The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, NIU price has rose by 25.81%. In the course of past three months sees the stock go up around 27.65%, while it has gain 325.31% over the past six months and 217.12% since the start of the year.

NIU Earning History

Earnings per share are the amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year. In recent quarter of (Sep 2020), the firm recorded a revenue of 90.98 billion, which was higher than the gauge of 140.81M made by certain experts. For that equivalent quarter, Niu Technologies posted $0.13 earnings per share (EPS) which was above the consensus estimate of $0.09 by $0.04, which represents to an expansion by 44.40%.

NIU Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on Niu Technologies has seen its stock exchanging -0.18% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +53.61% above its three-month low. A more extensive look sees NIU exchanging 4.52% beneath its 52-week high and 344.90% above from its 52-week low price.

NIU Instability & Beta Factor

The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 7.18%, while it has a month to month instability of 5.67%. The company has an ATR (Average True Range) of 1.39.

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