Mar 10, 2022 - George Lucas
Shares of Chinese electric-vehicle maker Nio began trading on Hong Kong's exchange on Thursday, after the company chose a shortcut path to listing that didn't involve raising new funds.
Nio joins a growing list of U.S.-traded Chinese companies that have chosen to list on Hong Kong's exchange in recent months, seen as a way to hedge against the risk of being delisted from U.S. exchanges amid growing U.S.-China tensions. Two of Nio's U.S.-traded domestic rivals, Xpeng and Li Auto, both listed on the Hong Kong exchange last year.
Here is the review of consensus ratings analysts have given for NIO. NIO has earned an overall rating of 4/5, a risk rating grade of A-. NIO earned a DCF valuation rating of 5/5, as well as a consensus return on equity of 3/5. 18 out of 22 analysts recommend a buy, while 4 out of 22 recommend holding.
Seeing a majority of analysts rate NIO as a buy is a good sign. The DCF valuation for NIO also bodes well. You can find the detailed analyst ratings and price targets here
Let's talk about NIO's price-performance relative to its peers. Peers in the same industry notched -10.81% 30 day price change, -17.46 % 3 month, and -18.49 % 6 month. By that metric,NIO experiences a lower % change compared to its peers. From a daily price action perspective, NIO experiences a lower % change in price than that of its peers who notched a -0.03 % average price change.
Overall I would say NIO is performing well relative to it's peers.
The past 24 hours has been quite busy for investors in the Twitter-verse. Mentions of NIO have also seen an increase. In the last 24 hours, Twitter recorded averages of 13 likes, 2 retweets, and 2608 impressions.
Twitter had a field day with NIO, notching 35.3 % change in likes, 59.52 % change in retweets, 67.5 % change in posts, and 118.3 % impressions on Twitter.
Investors took to StockTwits to express their opinions on NIO. Overall, we've seen an 35.3 % change in likes, 59.52 % change in comments, 67.5) % change in posts, and 111.79 % impressions.
Just from this week alone, StockTwits has recorded averages of 13 likes, 0 comments, and 2608 impressions. Currently, NIO is notching a Utradea sentiment score of 0.57, a mildly bullish sentiment for NIO.
Here is a great video analysis of NIO and it's recent trends