What Do You Need to Know About NIO (NIO) Before Investing?

By Susan Ramirez • Monday, August 14 12:03 • Permanent Link

NIO logged a -4.1% change during today's afternoon session, and is now trading at a price of $12.37 per share. The S&P 500 index moved 0.0%. NIO's trading volume is 39,671,068 compared to the stock's average volume of 65,248,643.

Anyone interested in buying NIO should be aware of the facts below:

NIO has moved -42.0% over the last year, and the S&P 500 logged a change of 6.0%
Based on its trailing earnings per share of -1.66, NIO has a trailing 12 month Price to Earnings (P/E) ratio of -7.5 while the S&P 500 average is 15.97
NIO has a forward P/E ratio of -23.3 based on its forward 12 month price to earnings (EPS) of $-0.53 per share
Its Price to Book (P/B) ratio is 1.04 compared to its sector average of 1.57
NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China.
Based in Shanghai, the company has 26,763 full time employees and a market cap of $22.0 Billion.

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.