NIO Inc. (NYSE:NIO) is struggling to gain traction with investors, as evidenced by its 84734609 shares volume. The daily trading volume average remained 64842578 shares over the course of 5 days. The stock had opened the regular trading at $3.95 and managed a -0.27% price change to reach $3.68 through the close.NIO Inc. (NIO) Analyst Opinion
NIO Inc. is currently rated as hold by 13 stock analysts, with the company still having around 20.06% shares outstanding that can be sold short legally. The value of their shares went up by 39.92% last month. Over the course of a year, the stock has fallen by -42.23%. Financial analysts are becoming more bullish than ever, with the 6 analysts who cover the activities of NIO advising investors to buy. Experts on Wall Street have set a price target of $6.02 for the stock. The decision was arrived after looking at their 63.59% gain from current levels. At the moment, NIO Inc. (NIO) trading price is around -73.33% below its 52-week high.
Revenue had a distance of -55.63% from the previous quarter, with the company recording $1.52 billion in revenue.NIO Inc. (NYSE:NIO) Intraday View
The shares of NIO Inc. (NYSE:NIO) have struggled and recovered 56.6% ever since it recorded its 52 week low. During the course of 5 days, the stock price volatility has remained at 11.29%, increasing the time frame to a month, the volatility recorded was 8.17%. The price of their shares has been successful in staying above its 20 day-moving average, staying at a distance of 33.26% and while its 50-day moving average is around 4.03%. In a look at the previous five trading session NIO stock has returned 30.5% and sank -38.5% when compared to its 200-day moving average that is $5.4501. NIO Inc. (NIO) will look to overcome its 0% fall that it witnessed in the past year.
As the normal trading session ended, the stock of Helmerich & Payne, Inc. (NYSE:HP), fetched in a $1.27 spike to $51.83. The session began with the stock price at $51.19, hitting a high of $51.99 before down again. For the week, analysts seem to be okay with their neutral with the consensus call staying at 2.3. Helmerich & Payne, Inc. gets 6 buy analyst recommendations while 8 recommend a hold and 1 rated it as a sell. The shares of the company tumbled -29.71% from its high $73.74, with their overall market value now roughly $5.57 billion.Helmerich & Payne, Inc. (HP) Consensus Price Target
The mean recommendation of HP on Reuter’s scale dropped from 2.36 to 2.35 within 30 days. This figure implies that the majority of analysts rate it as a hold. The price target for Helmerich & Payne, Inc. (NYSE:HP) is now around $62.86 a share, implying the stock has what it takes to grow by 21.28%. The recent trading session also indicated the stock needs to add 60.14% more meet analysts’ high consensus price target.
The current trading volume of the company was 1111905 shares during the last session. That compares with the recent average volume of 997440 shares. By the end of the regular trading session, the price volatility over a 1-week span was 2.12 % while over a month it stood at 2.68%. The stock price of HP dropped to $51.01 during the day and at a certain time in 12 months it traded as low as $44.56. It has made a 16.32% recovery since its 52-week low point and has returned 8.11% year-to-date. [T3]