|Bid||17.37 x 1100|
|Ask||17.36 x 2200|
|Day's range||16.66 - 17.45|
|52-week range||11.67 - 44.27|
|Beta (5Y monthly)||1.95|
|PE ratio (TTM)||N/A|
|Earnings date||07 Nov 2022 - 11 Nov 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||32.18|
NIO Inc. (NIO) closed at $17.33 in the latest trading session, marking a +0.81% move from the prior day.
The benchmark S&P 500, which is typically viewed as the best barometer of stock market health, produced its worst first-half return in 52 years. As for the growth-driven Nasdaq Composite, an index largely responsible for pushing the stock market to new highs, it's lost about a third of its value. This puts both the S&P 500 and Nasdaq firmly in a bear market.
Lithium prices have soared in the past 18 months, and while the rally may have lost some momentum, there's plenty of reason to be bullish on the sector as a whole