NIO Stock in Focus

By Emilio Sanchez • Monday, April 17 12:05 • Permanent Link

Shares of NIO have moved 5.7% today, and are now trading at a price of $9.79. Today's trading volume is 35,181,920 compared to the stock's average volume of 43,800,221.

NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. Over the last year, NIO shares have gone down by -51.6%, which represents a difference of -46.0% when compared to the S&P 500. The stock's 52 week high is $24.43 per share and its 52 week low is $8.03. Based on NIO's average gross margin growth of 13.9% over the last four years, its core business remains strong and the stock price may recover in the long term.

Date Reported	Revenue ($ k)	Cost of Revenue ($ k)	Gross Margins (%)	YoY Growth (%)
2022-12-31	49,268,561	44,124,568	10.44	-44.7
2021-12-31	36,136,423	29,314,990	18.88	63.89
2020-12-31	16,257,933	14,384,514	11.52	175.2
2019-12-31	7,824,904	9,023,726	-15.32	n/a

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.