NYSE:NIOAuto
Is NIO (NIO) Now Fairly Priced After Years Of Sharp Share Price Declines
If you are wondering whether NIO at around US$4.70 is a bargain or a value trap, you are not alone. The answer depends on how you think about what the market is really pricing in.
The stock is up 1.3% over the last 7 days, but shows a 7.8% decline over 30 days and is down 8.6% year to date, even with an 8.8% gain over the last year and much larger declines of 58.0% over 3 years and 91.7% over 5 years.
These mixed returns sit against a backdrop of ongoing attention on NIO as a US listed,...