New York, NY – May 28th – American Depositary Receipts (ADRs) of Chinese electric vehicle maker Nio Inc. (NYSE: NIO) are trading slightly lower this afternoon, quoted at 0.0050, or 0.14%, for the day.
The EV manufacturer’s stock opened the session at 3.75, before pulling back to a low of $3.65. The 1-day chart shows a volatile morning characterized by an initial upward move followed by a decline, then more range-bound trading through the midday. The current price is just under the previous day’s close of $3.69.
Nio, a key name in the global electric vehicle space, has a market capitalization reported as 769.12Cr. The company does not currently provide a Price-to-Earnings (P/E) ratio or a dividend yield.
Over the past 52 weeks, Nio’s ADRs have ranged from a high of 3.02. Investors are closely watching the EV sector for signs of shifting consumer demand, competitive pressures, and company-specific developments.
