NIO’s EPS shows weak signs of growth for short-term investors
Nio (NIO) currently trades at $3.20 and has fallen by 0.93% today. NIO went down $0.03 from the previous closing price of $3.24. The high forecast for Nio is $89.00 and the low is $7.03. The company’s market cap is $3.37 billion with a 52 week high of $5.65 and a 52 week low of $1.19. NIO has changed in price by -1.38 per share in the last 12 months.
Nio has a weak EPS of -44.1. This means the company lost $-44.1 per share after paying dividends, this can indicate that the stock is a risky investment. EPS is calculated as a company’s profit divided by the outstanding shares of its common stock. The resulting number serves as an indicator of a company’s profitability. It is common for a company to report EPS that is adjusted for extraordinary items and potential share dilution. Based on this information, investorsQ rates this stock 4 out of 10. We give it this rating based on current information written in this article.
Nio is a Chinese automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric autonomous vehicles. The company is also involved in the FIA Formula E Championship, the first single-seater, all-electric racing series.