Niu Technologies (NASDAQ:NIU) Cut to Hold at Wall Street Zen
by Mitch Edgeman · The Markets DailyWall Street Zen lowered shares of Niu Technologies (NASDAQ:NIU – Free Report) from a buy rating to a hold rating in a research note released on Saturday morning.
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Niu Technologies in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Niu Technologies presently has an average rating of “Sell”.
Check Out Our Latest Report on NIU
Niu Technologies Stock Down 0.3%
NIU stock opened at $3.14 on Friday. The business has a 50 day moving average of $3.36 and a 200 day moving average of $3.91. The firm has a market cap of $244.67 million, a PE ratio of -62.80 and a beta of -0.35. Niu Technologies has a twelve month low of $1.79 and a twelve month high of $5.67.
Niu Technologies (NASDAQ:NIU – Get Free Report) last released its earnings results on Monday, November 17th. The company reported $0.14 EPS for the quarter. Niu Technologies had a negative return on equity of 2.32% and a negative net margin of 0.48%.The firm had revenue of $237.94 million for the quarter.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of NIU. Invesco Ltd. boosted its holdings in shares of Niu Technologies by 2,836.0% in the second quarter. Invesco Ltd. now owns 1,238,505 shares of the company’s stock worth $4,161,000 after buying an additional 1,196,322 shares during the last quarter. Acadian Asset Management LLC boosted its stake in shares of Niu Technologies by 300.0% during the 2nd quarter. Acadian Asset Management LLC now owns 840,876 shares of the company’s stock worth $2,818,000 after acquiring an additional 630,653 shares during the last quarter. Polunin Capital Partners Ltd grew its position in shares of Niu Technologies by 36.3% during the 3rd quarter. Polunin Capital Partners Ltd now owns 1,460,883 shares of the company’s stock valued at $6,603,000 after acquiring an additional 388,821 shares during the period. Canada Pension Plan Investment Board purchased a new stake in shares of Niu Technologies in the 2nd quarter worth $1,225,000. Finally, Qube Research & Technologies Ltd bought a new position in Niu Technologies in the 2nd quarter worth $1,207,000. 75.06% of the stock is owned by hedge funds and other institutional investors.
Niu Technologies Company Profile
Niu Technologies Co, Ltd., established in 2014 and headquartered in Beijing, is a leading designer and manufacturer of smart electric scooters and micro-mobility solutions. The company integrates Internet of Things (IoT) connectivity into its vehicles, enabling real-time monitoring of battery status, vehicle diagnostics, and location tracking through its proprietary mobile application. By leveraging lightweight materials and modular battery systems, Niu aims to deliver efficient urban transportation alternatives that reduce reliance on conventional gasoline-powered motorcycles and cars.
Niu’s product portfolio encompasses a range of electric scooters, motorcycles, and e-bikes marketed under its NQi, MQi, and UQi series.