Looking to buy Nio stock in Canada? Here’s everything you need to know, including the current Nio stock price, online brokers with access to Nio stock and the answer to the question, “Is it a good time to buy Nio stock?” Read our guide below.
Nio (NIO) is a leading auto manufacturers business based in the US. It opened the day at $38.23 after a previous close of $38.26. During the day the price has varied from a low of $37.83 to a high of $38.47. The latest price was $38.05 (25 minute delay). Nio is listed on the NYSE and employs 7,763 staff. All prices are listed in US Dollars.
How to buy Nio stock in Canada
- Choose a platform. If you're a beginner, our stock trading table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: NIO in this case.
- Research Nio stocks. The platform should provide the latest information available.
- Buy your Nio stocks. It's that simple.
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.
What's in this guide?
How has Coronavirus impacted Nio's stock price?
Since the stock market crash in March caused by coronavirus, Nio's stock price has had significant positive movement.
Its last market close was $35.38, which is 88.47% up on its pre-crash value of $4.08 and 1,576.78% up on the lowest point reached during the March crash when the stocks fell as low as $2.11.
If you had bought $1,000 worth of Nio stocks at the start of February 2020, those stocks 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 $8,714.45.
Nio stock priceUse our graph to track the performance of NIO stocks over time.
Nio stocks at a glance
|52-week range||$18.43 - $66.99|
|50-day moving average||$39.1503|
|200-day moving average||$40.7825|
|Wall St. target price||$59.74|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-0.882|
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Note: The dollar amounts in the table below are in Canadian dollars.
Nio price performance over time
|1 week (2021-09-17)||1.44%|
|1 month (2021-08-27)||38.05|
|3 months (2021-06-25)||-15.58%|
|6 months (2021-03-26)||5.31%|
|1 year (2020-09-25)||107.70%|
|2 years (2019-09-27)||2,074.29%|
|3 years (2018-09-27)||442.80%|
|Revenue TTM||USD$27.6 billion|
|Gross profit TTM||USD$1.9 billion|
|Return on assets TTM||-4.14%|
|Return on equity TTM||-53.78%|
|Market capitalisation||USD$58.2 billion|
TTM: trailing 12 months
How to short and sell Nio stocks
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "NIO.US"
- Choose your position size.
- Select "sell" rather than "buy".
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 60.6 million Nio stocks held short by investors – that's known as Nio's "short interest". This figure is 0.1% down from 60.6 million last month.
There are a few different ways that this level of interest in shorting Nio stocks can be evaluated.
Nio's "short interest ratio" (SIR)
Nio's "short interest ratio" (SIR) is the quantity of Nio stocks currently shorted divided by the average quantity of Nio stocks traded daily (recently around 42.1 million). Nio's SIR currently stands at 1.44. In other words for every 100,000 Nio stocks traded daily on the market, roughly 1440 stocks are currently held short.
However Nio's short interest can also be evaluated against the total number of Nio stocks, or, against the total number of tradable Nio stocks (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 stocks (for every 100,000 Nio stocks in existence, roughly 40 stocks are currently held short) or 0.0456% of the tradable stocks (for every 100,000 tradable Nio stocks, roughly 46 stocks are currently held short).
Such a low SIR usually points to an optimistic outlook for the stock price, with fewer people currently willing to bet against Nio.
Find out more about how you can short Nio stock.
Nio stock dividends
We're not expecting Nio to pay a dividend over the next 12 months. However, you can browse other dividend-paying stocks in our guide.
Nio stock price volatility
Over the last 12 months, Nio's stocks have ranged in value from as little as $18.43 up to $66.99. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a stocks volatility in relation to the market. The market (NYSE average) beta is 1, while Nio's is 2.4961. This would suggest that Nio's stocks are significantly more volatile than the average for this exchange and represent a higher risk.
NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. 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, a 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.
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