Niu Technologies (NASDAQ:NIU) Cut to “Strong Sell” at Wall Street Zen

Wall Street Zen cut shares of Niu Technologies (NASDAQ:NIU) from a hold rating to a strong sell rating in a research note issued to investors on Saturday morning.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Niu Technologies in a report on Thursday, June 18th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $3.50.

Niu Technologies Price Performance

Shares of NASDAQ:NIU opened at $2.05 on Friday. The business’s 50 day moving average price is $2.27 and its 200-day moving average price is $2.79. Niu Technologies has a 1 year low of $1.92 and a 1 year high of $5.67. The firm has a market capitalization of $160.37 million, a price-to-earnings ratio of -5.39 and a beta of -0.14.

Niu Technologies (NASDAQ:NIU) last issued its quarterly earnings results on Monday, August 10th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of $0.19 by ($0.38). The company had revenue of $212.01 million during the quarter, compared to analysts’ expectations of $173.23 million. Niu Technologies had a negative return on equity of 24.20% and a negative net margin of 4.39%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Quarry LP acquired a new stake in Niu Technologies during the 4th quarter worth $27,000. Sei Investments Co. acquired a new stake in shares of Niu Technologies in the second quarter valued at about $40,000. SmartHarvest Portfolios LLC purchased a new position in shares of Niu Technologies in the first quarter worth about $36,000. Nomura Holdings Inc. purchased a new position in shares of Niu Technologies in the second quarter worth about $51,000. Finally, Quadrature Capital Ltd acquired a new position in Niu Technologies during the fourth quarter worth about $47,000. Hedge funds and other institutional investors own 75.06% of the company’s stock.

Niu Technologies Company Profile

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.