Niu Technologies (NASDAQ:NIU - Get Free Report)'s stock price was down 0.9% during trading on Monday . The stock traded as low as $2.14 and last traded at $2.32. Approximately 1,058,926 shares traded hands during mid-day trading, an increase of 140% from the average daily volume of 441,029 shares. The stock had previously closed at $2.34.
Niu Technologies Stock Down 2.7 %
The company's fifty day simple moving average is $1.99 and its two-hundred day simple moving average is $2.04. The company has a market capitalization of $193.12 million, a price-to-earnings ratio of -5.66 and a beta of 0.48.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Headlands Technologies LLC acquired a new position in Niu Technologies in the 4th quarter worth $31,000. Assenagon Asset Management S.A. bought a new position in shares of Niu Technologies in the third quarter valued at $32,000. Marshall Wace LLP bought a new stake in Niu Technologies during the fourth quarter worth $42,000. XTX Topco Ltd acquired a new stake in Niu Technologies in the third quarter valued at $42,000. Finally, Quadrature Capital Ltd bought a new position in shares of Niu Technologies in the 3rd quarter valued at about $57,000. 75.06% of the stock is owned by institutional investors and hedge funds.
About Niu Technologies
(
Get Free Report)
Niu Technologies designs, manufactures, and sells electric scooters in the People's Republic of China, Europe, and internationally. The company offers RQi, NQi, MQi, SQi, UQi, F, and Gova series smart electric scooters, motorcycles, mopeds, and bicycles; KQi series kick-scooters; BQi series e-bikes; and Niu Aero Sports Bicycles.
Further Reading
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