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Electric Vehicle Stock Drops 3.3% Wednesday; What Do Analysts Think The Future Is For Niu Technologies - ADR (NIU)?

Wednesday, September 28, 2022 02:57 PM | InvestorsObserver Analysts

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Electric Vehicle Stock Drops 3.3% Wednesday; What Do Analysts Think The Future Is For Niu Technologies - ADR (NIU)?

Electric Vehicle stock NIU is lower by 3.3% Wednesday. Wall Street is positive on Niu Technologies - ADR (NIU). On average, analysts give Niu Technologies - ADR a Buy rating. The average price target is $9.4, which means analysts expect the stock to gain by 114.12% over the next twelve months. That average ranking earns Niu Technologies - ADR an Analyst Rating of 32, which is better than 32% of stocks based on data compiled by InvestorsObserver.

Overall Score - 4
Wall Street analysts are rating NIU a Buy today. Find out what this means to you and get the rest of the rankings on NIU!

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Niu Technologies - ADR Stock Today?

Niu Technologies - ADR (NIU) stock is down -3.3% while the S&P 500 is higher by 1.74% as of 2:51 PM on Wednesday, Sep 28. NIU is down -$0.15 from the previous closing price of $4.54 on volume of 186,373 shares. Over the past year the S&P 500 is down -14.75% while NIU is down -81.20%. NIU earned $0.19 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 23.1. Click Here to get the full Stock Report for Niu Technologies - ADR stock.

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