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How to buy NIO stock in Canada | $46.81

Own NIO shares in just a few minutes.

NIO Inc (NIO) is a leading auto manufacturers business based in the US. It opened the day at $37.17 after a previous close of $36.68. During the day the price has varied from a low of $36.62 to a high of $38.04. The latest price was $36.94 (25 minute delay). NIO is listed on the NYSE and employs 7,763 staff. All prices are listed in US Dollars.

How to buy shares in NIO

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: NIO in this case.
  5. Research NIO shares. The platform should provide the latest information available.
  6. Buy your NIO shares. It's that simple.

How has Coronavirus impacted NIO's share price?

Since the stock market crash in March caused by coronavirus, NIO's share price has had significant positive movement.

Its last market close was $46.81, which is 91.28% up on its pre-crash value of $4.08 and 2,118.48% up on the lowest point reached during the March crash when the shares fell as low as $2.11.

If you had bought $1,000 worth of NIO shares at the start of February 2020, those shares would have been worth $583.75 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $11,529.77.

NIO share price

Use our graph to track the performance of NIO stocks over time.

NIO shares at a glance

Information last updated 2021-05-07.
Previous close$36.68
Change $0.26
Change % 0.7088%
Volume 54,917,995
Information last updated 2021-05-07.
52-week range$3.18 - $66.99
50-day moving average $38.8169
200-day moving average $45.473
Wall St. target price$53.26
Dividend yield N/A (0%)
Earnings per share (TTM) $-44.102

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Note: The dollar amounts in the table below are in Canadian dollars.

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Is it a good time to buy NIO stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

NIO price performance over time

Historical closes compared with the last close of $36.94

1 week (2021-04-28) -10.32%
1 month (2021-04-08) -4.55%
3 months (2021-02-08) -37.46%
6 months (2020-11-06) -11.27%
1 year (2020-05-08) 879.84%
2 years (2019-05-08) 708.32%

NIO financials

Revenue TTM USD$22.9 billion
Gross profit TTM USD$1.9 billion
Return on assets TTM -5.45%
Return on equity TTM -73.43%
Profit margin -38.32%
Book value $17.283
Market capitalisation USD$60.8 billion

TTM: trailing 12 months

How to short and sell NIO shares

  1. Create a CFD or spread betting account.
  2. Search for the stock code. E.g. "NIO.US"
  3. Choose your position size.
  4. Select "sell" rather than "buy".
  5. Confirm your position and keep tabs on it. You may wish to set limits on your position.

There are currently 73.4 million NIO shares held short by investors – that's known as NIO's "short interest". This figure is 41.8% up from 51.8 million last month.

There are a few different ways that this level of interest in shorting NIO shares can be evaluated.

NIO's "short interest ratio" (SIR)

NIO's "short interest ratio" (SIR) is the quantity of NIO shares currently shorted divided by the average quantity of NIO shares traded daily (recently around 87.4 million). NIO's SIR currently stands at 0.84. In other words for every 100,000 NIO shares traded daily on the market, roughly 840 shares are currently held short.

However NIO's short interest can also be evaluated against the total number of NIO shares, or, against the total number of tradable NIO shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case NIO's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 NIO shares in existence, roughly 40 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable NIO shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against NIO.

Find out more about how you can short NIO stock.

NIO share dividends

We're not expecting NIO to pay a dividend over the next 12 months. However, you can browse other dividend-paying shares in our guide.

NIO share price volatility

Over the last 12 months, NIO's shares have ranged in value from as little as $3.18 up to $66.99. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while NIO's is 2.5337. This would suggest that NIO's shares are significantly more volatile than the average for this exchange and represent a higher risk.

NIO overview

NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in Mainland China, Hong Kong, the United States, the United Kingdom, and Germany. The company offers five, six, and seven-seater electric SUVs, as well as smart electric sedans. It is also involved in the provision of energy and service packages to its users; marketing, design, and technology development activities; manufacture of e-powertrains, battery packs, and components; and sales and after sales management activities. In addition, the company offers power solutions, including Power Home, a home charging solution; Power Swap, a battery swapping service; Public Charger, a public fast charging solution; Power Mobile, a mobile charging service through charging vans; Power Map, an application that provides access to a network of public chargers and their real-time information; and One Click for Power valet service, where it offers vehicle pick up, charging, and return services. Further, it provides repair, maintenance, and bodywork services through its NIO service centers and authorized third-party service centers; statutory and third-party liability insurance, and vehicle damage insurance through third-party insurers; courtesy car services; and roadside assistance, as well as data packages; and auto financing services. Additionally, the company offers NIO Certified, an used vehicle inspection, evaluation, acquisition, and sales service. NIO Inc. has a strategic collaboration with Mobileye N.V. for the development of automated and autonomous vehicles for consumer markets. The company was formerly known as NextEV Inc. and changed its name to NIO Inc. in July 2017. NIO Inc. was founded in 2014 and is headquartered in Shanghai, China.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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