Shares of Niu Technologies (NIU, Financial) saw a notable increase of 5.14%, with the stock valued at $2.25 per share. The trading volume registered at 367,222 shares, marking a turnover rate of 0.47% and a price fluctuation of 5.61%. Recent earnings reports revealed a revenue of $130 million, a net loss of $3.44 million, and earnings per share of -$0.04. With a gross profit of $22.05 million, the stock's price-to-earnings ratio stands at -4.46.
Analyst ratings indicate that 67% of the three firms covering the stock recommend buying, while 33% suggest holding, with no recommendations to sell. The stock is part of the automotive manufacturing sector, which experienced an overall rise of 5.20%.
Other notable performers in the sector include Nwtn Inc C/Wts 31/12/2027 (To Pur Com), WeRide, and Workhorse Group, Inc., all showing significant gains. Stocks such as Workhorse Group, Inc., Volcon, Inc., and Mullen Automotive, Inc. demonstrated high trading activity with turnover rates of 24.52%, 18.25%, and 10.46%, respectively. Additionally, Faraday Future Intelligent Electric Inc C/Wts (To Pur Com), Nwtn Inc C/Wts 31/12/2027 (To Pur Com), and WeRide showed substantial price fluctuations of 49.74%, 41.79%, and 37.10% respectively.
Niu Technologies specializes in the design, manufacturing, and sales of high-performance electric motorcycles, scooters, bicycles, and skateboards. Its product range includes the NQi, MQi, UQi, and F series, alongside the KQi scooter series and BQi electric bike series. The company primarily operates within China, while also generating revenue from Europe and other regions.
