NIO Limited (NIO) has seen some recent volatility in the marketplace and its shares closed trading at $3.7700 yesterday. Traders are starting to take interest of NIO as the shares traded as high as $3.8000 and as low as $3.6000 in the previous market trading session.

NIO Limited (NIO) average trading volume is 46.79M. However, in the previous market trading session NIO Limited (NIO) exchanged 27,586,701 shares. The first downside support level on NIO is $3.69 and the first resistance level on NIO is $5.42. NIO 50day moving average is $3.0109 and NIO 200day moving average is $3.0512.

NIO Limited (NIO) most recent performance has been specified by the recent movement in NIO shares. NIO has performed 37.59% over the past 30 days, NIO has performed -1.05% over the past 90 days and NIO has shown -18.04% over the past year. NIO Limited (NIO) has a 52 week range of $1.1900 to $5.6500. NIO Limited (NIO) is trading 216.81% from its 52 week low and -33.27% from its 52 week high. NIO Limited (NIO) is showing a 15.57% short float showing the amount short in the float.

NIO has 1.01B shares outstanding and 766.55M shares in the float. NIO Limited (NIO) at this time has a market cap of $3.82B and income of $-1611.50M. The EPS next quarter for NIO is -0.26 and forecasted EPS net year is 18.10%. The market cap of NIO Limited (NIO) at $3.82B represents how many Traders own shares of NIO and is based off the last price ($3.7700) of NIO and the amount of shares outstanding (1.01B) with NIO Limited (NIO).

NIO is trading 17.34% above (bullish) its SMA20, 21.16% above (bullish) its SMA50 and 29.63% above (bullish) its SMA200.

Recent News:

In recent news, on May 6, 2020, it was announced, NIO Inc. Provides April 2020 Delivery Update. In this news it stated, NIO Inc. (“NIO” or the “Company”) (NIO), a pioneer in China’s premium smart electric vehicle market, today provided its April 2020 delivery results.

About NIO Limited (NIO):

NIO Inc. is a premium electric vehicle market. The company designs, jointly manufactures and sells smart and connected premium electric vehicles.