Other equities analysts also recently issued reports about the company. Piper Jaffray Companies initiated coverage on Niu Technologies in a research report on Tuesday, December 3rd. They set an “overweight” rating and a $13.00 price objective for the company. BidaskClub upgraded Niu Technologies from a “hold” rating to a “buy” rating in a research report on Tuesday, March 3rd.
Shares of NIU opened at $6.57 on Friday. Niu Technologies has a 1 year low of $5.33 and a 1 year high of $13.60. The company has a market capitalization of $510.70 million, a price-to-earnings ratio of 18.77 and a beta of 0.42. The business has a 50-day moving average of $8.69 and a 200-day moving average of $8.73.
Niu Technologies Company Profile
Niu Technologies designs, manufactures, and sells smart e-scooters in the People's Republic of China. It offers N, M, and U series e-scooters with various models or specifications under the NIU brand name. The company sells and services its products through city partner system, as well as through own online store and third-party e-commerce platforms.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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