Barclays PLC lifted its stake in Niu Technologies (NASDAQ:NIU - Free Report) by 285.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 128,039 shares of the company's stock after purchasing an additional 94,794 shares during the quarter. Barclays PLC owned about 0.17% of Niu Technologies worth $230,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in NIU. Headlands Technologies LLC purchased a new stake in Niu Technologies in the 4th quarter worth approximately $31,000. American Century Companies Inc. raised its position in shares of Niu Technologies by 438.6% in the fourth quarter. American Century Companies Inc. now owns 87,804 shares of the company's stock valued at $157,000 after buying an additional 71,501 shares during the last quarter. Green Alpha Advisors LLC boosted its holdings in shares of Niu Technologies by 35.6% during the 4th quarter. Green Alpha Advisors LLC now owns 137,752 shares of the company's stock worth $247,000 after purchasing an additional 36,180 shares during the last quarter. Finally, Renaissance Technologies LLC increased its stake in shares of Niu Technologies by 21.0% in the 4th quarter. Renaissance Technologies LLC now owns 381,300 shares of the company's stock worth $683,000 after acquiring an additional 66,100 shares during the last quarter. 75.06% of the stock is currently owned by institutional investors and hedge funds.
Niu Technologies Stock Up 12.0%
Shares of Niu Technologies stock traded up $0.41 during mid-day trading on Friday, hitting $3.83. The stock had a trading volume of 1,039,041 shares, compared to its average volume of 667,292. The firm has a market cap of $298.45 million, a P/E ratio of -8.70 and a beta of -0.16. Niu Technologies has a 12-month low of $1.65 and a 12-month high of $4.90. The firm has a 50-day moving average of $3.41 and a two-hundred day moving average of $2.50.
Niu Technologies (NASDAQ:NIU - Get Free Report) last released its quarterly earnings results on Monday, March 17th. The company reported ($0.13) EPS for the quarter. Niu Technologies had a negative return on equity of 24.22% and a negative net margin of 8.53%. The firm had revenue of $112.23 million for the quarter.
Niu Technologies Company Profile
(
Free Report)
Niu Technologies designs, manufactures, and sells electric scooters in the People's Republic of China, Europe, and internationally. The company offers RQi, NQi, MQi, SQi, UQi, F, and Gova series smart electric scooters, motorcycles, mopeds, and bicycles; KQi series kick-scooters; BQi series e-bikes; and Niu Aero Sports Bicycles.
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