28-Mar-2024
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Niu Technologies Announces Unaudited Fourth Quarter and Full Year 2023 Financial Results
Globe Newswire (Mon, 18-Mar 3:00 AM ET)
Niu Technologies to Report Fourth Quarter and Full Year 2023 Financial Results on Mar 18, 2024
Globe Newswire (Mon, 19-Feb 4:00 AM ET)
Niu Technologies Provides Fourth Quarter and Full Year 2023 Sales Volume Update
Globe Newswire (Fri, 5-Jan 9:33 PM ET)
Niu Technologies designs, manufactures and sells high-performance electric motorcycles, scooters, bicycles, and kick-scooters. The company has a product portfolio consisting of ten series, four electric scooter series, including NQi, MQi, UQi, and Gova, two urban commuter electric motorcycle series RQi and TQi, a hybrid motorcycles series YQi, a performance electric bicycle series, NIU Aero, and two micro-mobility series, the kick-scooter series, KQi, and the e-bike series, BQi. The group's principal operations and geographic markets are mainly in the People's Republic of China.
Niu Techs trades on the NASDAQ stock market under the symbol NIU.
As of March 28, 2024, NIU stock price declined to $1.68 with 170,447 million shares trading.
NIU has a beta of 2.16, meaning it tends to be more sensitive to market movements. NIU has a correlation of 0.17 to the broad based SPY ETF.
NIU has a market cap of $130.27 million. This is considered a Micro Cap stock.
In the last 3 years, NIU stock traded as high as $39.39 and as low as $1.57.
The top ETF exchange traded funds that NIU belongs to (by Net Assets): VWO, VXUS, VSS, SPEM, GXC.
NIU has underperformed the market in the last year with a price return of -55.8% while the SPY ETF gained +33.6%. NIU has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -24.0% and -14.7%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
NIU support price is $1.64 and resistance is $1.77 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NIU stock will trade within this expected range on the day.