Niu Technologies (NASDAQ:NIU) Stock Rating Upgraded by Wall Street Zen

Niu Technologies (NASDAQ:NIU) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

NIU has been the topic of a number of other research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Niu Technologies in a research report on Thursday, January 22nd. Citigroup lowered their price objective on Niu Technologies from $3.70 to $3.50 and set a “neutral” rating for the company in a research report on Tuesday, March 17th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Niu Technologies has an average rating of “Reduce” and a consensus price target of $3.50.

Niu Technologies Trading Down 2.4%

Niu Technologies stock opened at $2.86 on Friday. The firm has a market capitalization of $222.85 million, a P/E ratio of -35.75 and a beta of -0.24. Niu Technologies has a twelve month low of $2.73 and a twelve month high of $5.67. The stock’s fifty day simple moving average is $3.38 and its 200-day simple moving average is $3.73.

Niu Technologies (NASDAQ:NIU) last released its earnings results on Monday, March 16th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.03). Niu Technologies had a negative net margin of 0.94% and a negative return on equity of 4.37%. The company had revenue of $96.66 million during the quarter, compared to analysts’ expectations of $89.24 million.

Insider Activity

In related news, CFO Fion Wenjuan Zhou sold 22,113 shares of the business’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $3.48, for a total transaction of $76,953.24. Following the completion of the transaction, the chief financial officer owned 142,171 shares in the company, valued at approximately $494,755.08. The trade was a 13.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 10.20% of the company’s stock.

Institutional Trading of Niu Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of NIU. Quarry LP purchased a new stake in Niu Technologies during the 4th quarter worth about $27,000. Sei Investments Co. purchased a new position in shares of Niu Technologies in the 2nd quarter valued at about $40,000. OMERS ADMINISTRATION Corp acquired a new stake in shares of Niu Technologies during the 2nd quarter worth about $45,000. Quadrature Capital Ltd purchased a new stake in Niu Technologies during the fourth quarter worth approximately $47,000. Finally, Nomura Holdings Inc. purchased a new stake in Niu Technologies during the second quarter worth approximately $51,000. 75.06% of the stock is currently owned by institutional investors and hedge funds.

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.