Barclays PLC raised its holdings in shares of Niu Technologies (NASDAQ:NIU - Free Report) by 285.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 128,039 shares of the company's stock after buying an additional 94,794 shares during the period. Barclays PLC owned about 0.17% of Niu Technologies worth $230,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in the business. Headlands Technologies LLC purchased a new stake in Niu Technologies during the fourth quarter valued at about $31,000. Green Alpha Advisors LLC raised its stake in shares of Niu Technologies by 35.6% during the fourth quarter. Green Alpha Advisors LLC now owns 137,752 shares of the company's stock valued at $247,000 after acquiring an additional 36,180 shares during the last quarter. Renaissance Technologies LLC raised its stake in shares of Niu Technologies by 21.0% during the fourth quarter. Renaissance Technologies LLC now owns 381,300 shares of the company's stock valued at $683,000 after acquiring an additional 66,100 shares during the last quarter. Finally, American Century Companies Inc. raised its stake in shares of Niu Technologies by 438.6% during the fourth quarter. American Century Companies Inc. now owns 87,804 shares of the company's stock valued at $157,000 after acquiring an additional 71,501 shares during the last quarter. 75.06% of the stock is currently owned by hedge funds and other institutional investors.
Niu Technologies Stock Up 12.0%
Shares of NASDAQ:NIU traded up $0.41 during midday trading on Friday, hitting $3.83. 1,039,041 shares of the stock traded hands, compared to its average volume of 667,973. The stock has a market capitalization of $298.45 million, a PE ratio of -8.70 and a beta of -0.16. The business's 50 day moving average is $3.44 and its two-hundred day moving average is $2.51. Niu Technologies has a one year low of $1.65 and a one year high of $4.90.
Niu Technologies (NASDAQ:NIU - Get Free Report) last issued its quarterly earnings data on Monday, March 17th. The company reported ($0.13) EPS for the quarter. Niu Technologies had a negative net margin of 8.53% and a negative return on equity of 24.22%. 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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