Niu Technologies (NASDAQ:NIU – Get Free Report) issued its quarterly earnings data on Monday. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of $0.19 by ($0.38), FiscalAI reports. The firm had revenue of $212.01 million during the quarter, compared to the consensus estimate 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 Price Performance
Shares of NIU stock opened at $2.46 on Monday. Niu Technologies has a one year low of $1.92 and a one year high of $5.67. The company’s fifty day moving average price is $2.30 and its 200-day moving average price is $2.84. The company has a market capitalization of $192.45 million, a price-to-earnings ratio of -13.67 and a beta of -0.14.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Niu Technologies in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Hold rating and one has given 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 Investors Weigh In On Niu Technologies
A number of institutional investors have recently bought and sold shares of the business. Invesco Ltd. lifted its position in shares of Niu Technologies by 101.4% in the fourth quarter. Invesco Ltd. now owns 3,649,665 shares of the company’s stock valued at $11,058,000 after acquiring an additional 1,837,089 shares in the last quarter. Renaissance Technologies LLC grew its position in shares of Niu Technologies by 85.4% during the fourth quarter. Renaissance Technologies LLC now owns 544,400 shares of the company’s stock worth $1,650,000 after purchasing an additional 250,800 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Niu Technologies by 18.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 442,193 shares of the company’s stock worth $1,341,000 after purchasing an additional 70,361 shares in the last quarter. Canada Pension Plan Investment Board bought a new stake in Niu Technologies during the 2nd quarter valued at approximately $1,225,000. Finally, Qube Research & Technologies Ltd purchased a new position in Niu Technologies in the 2nd quarter worth approximately $1,207,000. Hedge funds and other institutional investors own 75.06% of the company’s stock.
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.
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