Previous close | 12.10 |
Open | 12.12 |
Bid | 0.00 x 900 |
Ask | 0.00 x 1400 |
Day's range | 11.81 - 12.37 |
52-week range | 8.38 - 26.41 |
Volume | |
Avg. volume | 55,302,866 |
Market cap | 20.181B |
Beta (5Y monthly) | 1.85 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
According to the average brokerage recommendation (ABR), one should invest in NIO Inc. (NIO). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
NIO Inc. (NIO) closed at $12.07 in the latest trading session, marking a +0.42% move from the prior day.
While 2022 was a year for stock price corrections across the electric vehicle (EV) sector, 2023 looks to be a transition year for the businesses themselves. Europe and China are leading the way, with fully electric vehicles accounting for 11% and 19% of all new vehicles sold, respectively. With stock prices down and sales continuing to pick up, investors should look at investing in a diverse mix of EV makers in 2023.