Niu Technologies (NASDAQ:NIU) Rating Lowered to Strong Sell at Wall Street Zen

Niu Technologies (NASDAQ:NIU) was downgraded by Wall Street Zen from a “hold” rating to a “strong sell” rating in a research report issued on Saturday.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Niu Technologies in a report on Thursday, June 18th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $3.50.

Niu Technologies Price Performance

Shares of NASDAQ NIU opened at $2.08 on Friday. Niu Technologies has a 1 year low of $1.92 and a 1 year high of $5.67. The firm has a 50-day simple moving average of $2.28 and a two-hundred day simple moving average of $2.80. The company has a market cap of $162.72 million, a P/E ratio of -5.47 and a beta of -0.14.

Niu Technologies (NASDAQ:NIU) last released its earnings results on Monday, August 10th. The company reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.38). The business had revenue of $212.01 million for the quarter, compared to the consensus estimate of $173.23 million. Niu Technologies had a negative net margin of 4.39% and a negative return on equity of 24.20%.

Hedge Funds Weigh In On Niu Technologies

Several hedge funds have recently modified their holdings of the stock. Invesco Ltd. lifted its stake in shares of Niu Technologies by 101.4% during the fourth quarter. Invesco Ltd. now owns 3,649,665 shares of the company’s stock worth $11,058,000 after buying an additional 1,837,089 shares during the period. Canada Pension Plan Investment Board purchased a new position in Niu Technologies in the 2nd quarter worth $1,225,000. Qube Research & Technologies Ltd purchased a new position in Niu Technologies in the 2nd quarter worth $1,207,000. Renaissance Technologies LLC lifted its position in Niu Technologies by 85.4% during the 4th quarter. Renaissance Technologies LLC now owns 544,400 shares of the company’s stock worth $1,650,000 after acquiring an additional 250,800 shares during the period. Finally, Acadian Asset Management LLC lifted its position in Niu Technologies by 1,611.5% during the 1st quarter. Acadian Asset Management LLC now owns 210,223 shares of the company’s stock worth $851,000 after acquiring an additional 197,940 shares during the period. Institutional investors and hedge funds own 75.06% of the company’s stock.

Niu Technologies Company Profile

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.