Nio Inc (NIO) Stock Adds 27% Over the Past Week; What’s Next?

 

Nio Inc (NIO) stock is up more than 9% Tuesday and is higher by more than 27% over the past week. NIO stock has fallen -72.02% over the last 12 months, and the average rating from Wall Street analysts is a Hold. Stock Score Report, InvestorsObserver’s proprietary scoring system, gives NIO stock a score of 21 out of a possible 100.

That score is chiefly influenced by a long-term technical score of 6. NIO’s score also includes a short-term technical score of 11. The fundamental score for NIO is 46. In addition to the average rating from Wall Street analysts, NIO stock has a mean target price of $3.10. This means analysts expect the stock to increase 83.43% over the next 12 months.

Click Here to get the full Stock Score Report on Nio Inc (NIO).

What’s Happening with NIO Stock Today

Nio Inc (NIO) stock has risen 9.06% while the S&P 500 has fallen -1.13% as of 10:42 AM on Tuesday, Oct 8. NIO is up $0.14 from the previous closing price of $1.55 on volume of 16,307,319 shares. Over the past year the S&P 500 is up 0.73% while NIO has fallen -72.02%. NIO lost -$3.18 per share in the over the last 12 months.

Symbols: NIO

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