Niu Technologies (NASDAQ:NIU) Trading Up 5.7% – Here’s What Happened

Shares of Niu Technologies (NASDAQ:NIU) shot up 5.7% on Tuesday . The company traded as high as $4.07 and last traded at $3.73. 1,284,803 shares were traded during trading, an increase of 221% from the average session volume of 399,706 shares. The stock had previously closed at $3.53.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Niu Technologies in a research note on Thursday, January 22nd. Wall Street Zen cut Niu Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Niu Technologies has a consensus rating of “Sell”.

Niu Technologies Trading Up 5.7%

The stock has a market cap of $290.64 million, a price-to-earnings ratio of -74.60 and a beta of -0.24. The firm has a fifty day simple moving average of $3.26 and a 200-day simple moving average of $3.86.

Institutional Trading of Niu Technologies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio raised its position in shares of Niu Technologies by 9.7% during the fourth quarter. Public Employees Retirement System of Ohio now owns 50,835 shares of the company’s stock worth $154,000 after purchasing an additional 4,477 shares during the period. Sei Investments Co. increased its stake in Niu Technologies by 75.5% during the 3rd quarter. Sei Investments Co. now owns 20,979 shares of the company’s stock worth $98,000 after purchasing an additional 9,028 shares in the last quarter. Quarry LP acquired a new stake in Niu Technologies during the 4th quarter worth approximately $27,000. OMERS ADMINISTRATION Corp bought a new position in Niu Technologies in the second quarter valued at approximately $45,000. Finally, Nomura Holdings Inc. acquired a new position in shares of Niu Technologies in the second quarter valued at approximately $51,000. 75.06% of the stock is currently owned by institutional investors and hedge funds.

About Niu Technologies

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.