Niu Technologies (NASDAQ:NIU) Cut to Hold at Wall Street Zen

Key Points

• Wall Street Zen downgraded Niu Technologies from a Buy to a Hold, and the stock carries a MarketBeat consensus rating of Reduce with a $3.50 consensus price target.
• In the latest quarter Niu reported $96.66M in revenue, beating estimates, but missed on EPS at ($0.16) versus ($0.13) expected and remains with negative net margin and ROE; the shares trade around $2.88, below the 50-day ($3.30) and 200-day ($3.59) moving averages.
• CFO sold 22,113 shares (a 13.46% reduction in her position); insiders own 10.20% of the company while institutional investors hold about 75%.

Niu Technologies (NASDAQ:NIU - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a note issued to investors on Saturday.

Several other equities research analysts also recently commented on the stock. Citigroup decreased their target price on shares of Niu Technologies from $3.70 to $3.50 and set a "neutral" rating for the company in a research report on Tuesday, March 17th. Weiss Ratings reissued a "sell (d-)" rating on shares of Niu Technologies in a research report on Thursday, January 22nd. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Niu Technologies presently has an average rating of "Reduce" and a consensus price target of $3.50.

Niu Technologies Trading Up 2.1%

Shares of NASDAQ NIU opened at $2.88 on Friday. The firm's 50-day moving average price is $3.30 and its 200-day moving average price is $3.59. Niu Technologies has a 1-year low of $2.70 and a 1-year high of $5.67. The firm has a market capitalization of $224.41 million, a P/E ratio of -36.00 and a beta of -0.14.

Niu Technologies (NASDAQ:NIU - Get Free Report) last announced its quarterly earnings data on Wednesday, March 18th. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to analyst estimates of $89.24 million.

Insider Transactions at Niu Technologies

In other Niu Technologies news, CFO Fion Wenjuan Zhou sold 22,113 shares of the company's stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $3.48, for a total value of $76,953.24. Following the completion of the sale, the chief financial officer directly owned 142,171 shares of the company's stock, valued at approximately $494,755.08. This represents a 13.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 10.20% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of NIU. Public Employees Retirement System of Ohio boosted its holdings in Niu Technologies by 9.7% in the 4th quarter. Public Employees Retirement System of Ohio now owns 50,835 shares of the company's stock worth $154,000 after buying an additional 4,477 shares during the period. Sei Investments Co. boosted its holdings in Niu Technologies by 75.5% in the 3rd quarter. Sei Investments Co. now owns 20,979 shares of the company's stock worth $98,000 after buying an additional 9,028 shares during the period. Quarry LP bought a new position in Niu Technologies in the 4th quarter worth approximately $27,000. Nomura Holdings Inc. bought a new position in Niu Technologies in the 2nd quarter worth approximately $51,000. Finally, Quadrature Capital Ltd bought a new position in Niu Technologies in the 4th quarter worth approximately $47,000. 75.06% of the stock is owned by institutional investors.

About Niu Technologies

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.

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