Niu Technologies (NASDAQ:NIU) Downgraded by Zacks Investment Research to Hold

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Niu Technologies stock has undergone multiple analysts rating changes in the recent past.  Niu Technologies Downgraded by Zacks Investment Research on 10/19/2021. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Buy.

Shares of Niu Technologies traded up $0.51 on Monday, reaching $24.78. 473 shares of the stock traded hands, compared to its average volume of 446450. Shares of Niu Technologies were trading at $24.78 on Monday. The firm’s 50 day moving average is $25.30 and its 200 day moving average is $32.82.Niu Technologies has a 12 month low of $23.70 and a 12 month high of $53.38. While on yearly highs and lows, Niu Technologies’s today has traded high as $25.01 and has touched $23.70 on the downward trend. See More Analyst Rating at: RATING

Niu Technologies Earnings and What to expect: 

Niu Technologies last announced its earnings results on August 16th, 2021. The reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.04. The company earned $146.32 million during the quarter, compared to the consensus estimate of $160.89 million. Niu Technologies has generated $0.33 earnings per share over the last year ($0.43 diluted earnings per share) and currently has a price-to-earnings ratio of 57.6. Earnings for Niu Technologies are expected to grow by 27.42% in the coming year, from $0.62 to $0.79 per share. Niu Technologies has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Monday, November 22nd, 2021 based off prior year’s report dates.

Earnings for Niu Technologies are expected to grow by 27.42% in the coming year, from $0.62 to $0.79 per share. The P/E ratio of Niu Technologies is 57.63, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.13. The P/E ratio of Niu Technologies is 57.63, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 20.25. Niu Technologies has a PEG Ratio of 1.41. PEG Ratios above 1 indicate that a company could be overvalued. Niu Technologies has a P/B Ratio of 12.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Niu Technologies (NASDAQ:NIU) Moving Average Technical Analysis

5 day Moving Average is $24.82 And 5 day price change is $0.06 (0.24%)  with average volume for 5 day average is 334,620. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $24.33 and 20 day price change is $0.79 (3.29%) and average 20 day moving volume is 419,095. 50 day moving average is $25.30  and 50 day price change is $1.23 ( 5.22%)  and with average volume for 50 days is : 629,442. 200 day moving average is $32.82  and 200 day price change is -$3.27 (-11.66%)  and with average volume for 200 days is : 967,283.

Other owners latest trading in Niu Technologies :

  • On 8/25/2021 shares held by MARSHALL WACE ASIA Ltd were 10,153 which equates to market value of $0.33M and appx 0.00% owners of Niu Technologies
  • On 8/23/2021 shares held by Morgan Stanley were 121,427 which equates to market value of $3.97M and appx 0.00% owners of Niu Technologies
  • On 8/17/2021 shares held by Wells Fargo & Company MN were 2,197 which equates to market value of $72K and appx 0.00% owners of Niu Technologies
  • In total Institutional ownership equates to Institutional Ownership Percentage: 30.77% for Niu Technologies

See More Analyst Rating at: RATING