NIO Inc. (NIO) Stock Slips Over 1% in Mid-Morning Trading Despite Higher Open

NEW YORK – Shares of NIO Inc. (NIO), the prominent electric vehicle manufacturer, experienced a decline in mid-morning trading on the NYSE today, shedding over 1% of their value. This movement comes after an initial opening above the previous day’s close, indicating shifting sentiment as the session progressed.

As of 11:14:08 AM EDT, NIO stock was trading at $3.4950, down $0.0450, which represents a decrease of 1.2712%. The stock opened the day at $3.5700, slightly above its previous close of $3.5400. Throughout the morning, NIO shares have fluctuated within a day’s range of $3.4800 to $3.5800.

Trading volume for NIO Inc. reached approximately 17.67 million shares by late morning. While active, this is notably below its average daily volume of over 50 million shares, suggesting a potentially more cautious trading day for the EV stock.

The current price places NIO (NIO) within its 52-week range of $3.0200 to $7.7100. The company, a significant player in the global electric vehicle market, currently has an intraday market capitalization of around 1.5300, analysts maintain a 1-year target estimate of $5.14 for NIO stock, suggesting potential upside from its current levels.

NIO Inc. has a Beta (5Y Monthly) of 1.58, indicating its stock price is historically more volatile than the overall market. The company does not currently offer a forward dividend. Investors will be looking towards its next earnings announcement, scheduled for June 3, 2025, for further insights into the company’s performance and outlook in the competitive electric vehicle market.

The current downward trend for NIO (NIO) shares will be closely watched by investors as the trading session progresses, particularly in the context of the broader EV sector and market sentiment.

Frequently Asked Questions (FAQ) about NIO Inc. (NIO) based on today’s data:

1. What is NIO Inc.’s stock ticker?

   • The stock ticker for NIO Inc. is NIO.

2. What was the price of NIO stock as of 11:14:08 AM EDT today?

   • As of that time, NIO stock was trading at $3.4950.

3. How much did NIO stock change in price today?

   • NIO stock was down $0.0450, which is a -1.2712% change.

4. What was the opening price for NIO today?

   • NIO Inc. (NIO) opened at $3.5700.

5. What was NIO’s previous closing price?

   • The previous close for NIO was $3.5400.

6. What is the day’s trading range for NIO stock?

   • So far today, NIO has traded between $3.4800 and $3.5800.

7. What is the 52-week trading range for NIO Inc. (NIO)?

   • The 52-week range for NIO is $3.0200 – $7.7100.

8. What is the current market capitalization of NIO Inc.?

   • The intraday market cap is approximately $7.946 billion.

9. What is the trading volume for NIO today?

   • As of the report, the volume was 17,666,334 shares. Its average volume is 50,071,525 shares.

10. Does NIO Inc. (NIO) pay a dividend?

    • No, according to the data, NIO does not currently have a forward dividend or yield.

11. What is the earnings per share (EPS) for NIO?

    • The EPS (TTM – Trailing Twelve Months) is -$1.5300.

12. What is the analyst 1-year target estimate for NIO stock?

    • The 1-year target estimate for NIO is $5.14.

13. When is NIO Inc.’s next earnings date?

    • The next earnings date is scheduled for June 3, 2025.

14. What does a Beta of 1.58 mean for NIO stock?

    • A Beta of 1.58 suggests that NIO stock is 58% more volatile than the overall market. A Beta above 1 indicates higher volatility, while below 1 indicates lower volatility relative to the market.