Niu Technologies (NASDAQ:NIU – Get Free Report) posted its earnings results on Monday. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.38), FiscalAI reports. The company had revenue of $212.01 million for the quarter, compared to analyst estimates of $173.23 million. Niu Technologies had a negative return on equity of 10.85% and a negative net margin of 2.17%.
Niu Technologies Stock Performance
NIU stock opened at $2.46 on Monday. The business has a 50-day simple moving average of $2.30 and a two-hundred day simple moving average of $2.84. The company has a market capitalization of $192.45 million, a P/E ratio of -13.67 and a beta of -0.14. Niu Technologies has a 52-week low of $1.92 and a 52-week high of $5.67.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Niu Technologies in a report on Thursday, June 18th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $3.50.
Institutional Trading of Niu Technologies
Several institutional investors have recently made changes to their positions in NIU. Invesco Ltd. lifted its position in shares of Niu Technologies by 101.4% during the fourth quarter. Invesco Ltd. now owns 3,649,665 shares of the company’s stock worth $11,058,000 after acquiring an additional 1,837,089 shares in the last quarter. Canada Pension Plan Investment Board purchased a new stake in Niu Technologies during the second quarter valued at about $1,225,000. Qube Research & Technologies Ltd purchased a new position in shares of Niu Technologies in the 2nd quarter worth about $1,207,000. Renaissance Technologies LLC increased its position in shares of Niu Technologies by 85.4% during the 4th quarter. Renaissance Technologies LLC now owns 544,400 shares of the company’s stock valued at $1,650,000 after purchasing an additional 250,800 shares during the last quarter. Finally, Acadian Asset Management LLC raised its holdings in shares of Niu Technologies by 1,611.5% during the 1st quarter. Acadian Asset Management LLC now owns 210,223 shares of the company’s stock valued at $851,000 after buying an additional 197,940 shares in the last quarter. Institutional investors own 75.06% of the company’s stock.
Niu Technologies Company Profile
Niu Technologies Co, Ltd., established in 2014 and headquartered in Beijing, is a leading designer and manufacturer of smart electric scooters and micro-mobility solutions. The company integrates Internet of Things (IoT) connectivity into its vehicles, enabling real-time monitoring of battery status, vehicle diagnostics, and location tracking through its proprietary mobile application. By leveraging lightweight materials and modular battery systems, Niu aims to deliver efficient urban transportation alternatives that reduce reliance on conventional gasoline-powered motorcycles and cars.
Niu’s product portfolio encompasses a range of electric scooters, motorcycles, and e-bikes marketed under its NQi, MQi, and UQi series.
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