Nio Inc(NIO) is a stock of interest due to it’s movements. Here at Wall Street Facts we only cover the best stocks so make sure you check out our other articles. Today we will be diving deep into all of the essential information you need to know about NIO. We will be studying the movemnt so you can make the best descision as an investor.
First, we should get to know the company in discussion today. Here is a little about them: NIO, Inc. (China) is a holding company, which engages in the design, manufacture, and sale of electric vehicles, driving innovations in next generation technologies in connectivity, autonomous driving and artificial intelligence. Its products include EP9 supercar and ES8 7-seater SUV. The company provides users with home charging, and power express valet service and other power solutions including access to public charging, access to power mobile charging trucks, and battery swapping. It also offers other value-added services such as service package, battery payment arrangement, and vehicle financing and license plate registration. The company was founded by Li Bin and Qin Li Hong in November 2014 and is headquartered in Jiading, China.
The stock has moved downwards today by 2.82%. The high for today is 43.11 and today’s low is 41.63. This information is critical in deciding whether this investment is risky or safe. We can see since the stock is trending downwards which means that the volume of people selling this stock is greater than people who are buying it. Next we will be going over the forecast.
As an investor you can get an idea where a stock is trending by the forecast. In this case the high forecast for Nio Inc is 90.00 and the low forecast is 70.00. We can also get a look into the future by looking at past trends. Looking at Nio Inc’s 5 year movement it seems it has grown 321%.
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