NIO Inc. (NIO) Insiders Report 0 Sales Versus 0 Buys

Zimmerman Gifford R parted with a total of 0.7 thousand shares of NIO Inc. (NIO) at average share price of $14.26. This insider trade in the company took place on 09/11/2014. 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 -53.79 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 -55.47 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 -51.72 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 -50.67 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.

The 12-month median price target for NIO Inc. (NIO) assigned by the analysts stands at $7.8, which represents a return potential of 18.36 percent when compared to the closing price of the stock of $6.59 on Friday, January 11. The lowest price target for the stock is $4.2 — slightly more than -36.27 percent from NIO’s current share price. The stock will probably climb 21.55 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 91.2 percent increase from where shares are trading today.

On momentum oscillators front, ‘RSI’ has touched 49.27 on daily chart, which may remain a cause for concern. If the price breaks below $6.43 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $6.64 mark may result into a pull-back move towards $6.7 level. The stock is currently hovering around the first support level of $6.51. Below this, the next support is placed in the zone of $6.43. Till the time, the NIO stock trades above this level, bulls have nothing to fear.

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 29.66 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.

On 11th of January, NIO Inc. (NYSE:NIO) shares ended lower after a volatile session. The shares dropped -0.07 points or -1.05 percent at $6.59 with a light trade volume of 6.886 million shares. After opening the session at $6.5, the shares went as high as $6.615 and as low as $6.48, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $6.83 billion and now has 1.04 billion shares outstanding. NIO Inc. (NIO) stock has lost -6.92 percent of market value in 21 trading days.

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 3.45 percent year to date (YTD) against a decline of 0 percent in 12 month’s time. The company’s shares still trade -52.25 percent away from its 1-year high of $13.80 and 23.18 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.