NIO Inc. (NIO): A Value Gem With Upside Catalysts

The share price is currently staying around the first support level of $6.94. Below this, the next support is placed in the zone of $6.5. Till the time, the NIO stock trades above this level, bulls have nothing to fear. On momentum oscillators front, ‘RSI’ has touched 53.28 on daily chart, which may remain a cause for concern. If the price breaks below $6.5 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $7.59 mark may result into a pull-back move towards $7.8 level.

NIO Inc. (NIO) is projected to climb by 4.75 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $12.6-month high price target. This represents a whopping 70.96 percent increase from where shares are trading today. The 12-month median price target assigned by the analysts stands at $7.35, which represents a return potential of -0.27 percent when compared to the closing price of the stock of $7.37 on Thursday, December 06. The lowest price target for the stock is $3 — slightly more than -59.29 percent from NIO’s current share price.

Here’s a rundown of insider trading activity for sense of NIO Inc. (NYSE:NIO). The earliest insider trade took place on 09/11/2014. Zimmerman Gifford R parted with a total of 0.7 thousand shares of company at average share price of $14.26. The total for the sales was set at $9.98 thousand. After this transaction, the Chief Administrative Officer account balance stood at 0 thousand shares. The stock lost -48.32 percent since that insider sale. On 03/18/2013, Zimmerman Gifford R, Chief Administrative Officer, purchased 0.7 thousand shares at a price per share of $14.8. This added 10.36 thousand shares to the insider’s fortune and the stock saw a -50.2 percent retreat in value since the news became public. This transaction left 0.7 thousand shares in the Chief Administrative Officer account. On 03/25/2010, 10% Owner Bank Of America Corp /De/ performed a sale transaction worth $29.76 thousand. This sale at $13.65 each has eliminated 2.18 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded -46.01 percent decrease since the transaction was reported. The insider now is left with 0 thousand shares remaining in the account. Bank Of America Corp /De/, who performs the 10% Owner job, sold 0.05 thousand shares for $0.6 thousand. The disposal occurred on 12/01/2009 was priced at $13.36 per share. The share price plunged -44.84 percent since the reporting date. Bank Of America Corp /De/ now left with a stake of 0 thousand NIO stock worth $0 thousand after the insider selling.

NIO shares accumulated 0.29 points or 4.1 percent on Thursday to $7.37 with a light trade volume of 16.646 million shares. After opening the session at $6.86, the shares went as high as $7.37 and as low as $6.72, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $7.64 billion and now has 1.04 billion shares outstanding. NIO Inc. (NIO) stock has gained 10.33 percent of market value in 21 trading days.

Analysts at Credit Suisse, assumed coverage of NIO Inc. (NYSE:NIO) with Outperform recommendation, according to their opinion released on October 22.

NIO stock has a trailing 3-year beta of 0, offering the possibility of a lower rate of return, but also posing less risk. The portion of a company’s profit allocated to each outstanding share of common stock was -$44.1 a share in the trailing twelve months. The stock’s value has surged 11.67 percent year to date (YTD) against a decline of 0 percent in 12 month’s time. The company’s shares still trade -46.59 percent away from its 1-year high of $13.80 and 37.76 percent up from 52-week low of $5.35. The average consensus rating on the company is 2.7, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a sell.

Shares of NIO Inc. (NIO) are trading at a P/E ratio of 0 times earnings reported for the past 12 months. The industry NIO operates in has an average P/E of 14.57. Its P/E ratio went as low as 0X and as high as 0 over the 5-year span. Further, it is sporting a 33.17 on the Price-to-Sales ratio. Compare this with the industry average P/S of 1.22. 0 percent is the gross profit margin for NIO Inc. and operating margin sits at 0 percent. Along with this, the net profit margin is 0 percent.