Niu Technologies has seen a decline in share price of -1.6807 on the NASDAQ exchange, with an open of 4.69 and close at 4.68. The market cap is 3.60 bln and the average volume is 1089096 shares.
Revenue analysis shows that the company’s revenues have been consistent over the past year. In March 2023, their estimated revenue was 499755625, in November 2022 their actual revenue was 1153228324, August 2022 it was 827619915, May 2022 it was 575477902 and in March 2022 it was 986059243. This indicates that Niu Technologies has had steady increases in revenue from March 2022 to March 2023 and this upward trend should continue if they keep up with their current performance levels.
The Earnings per Share (EPS) for Niu Technologies is 0.07 which is significantly higher than expected for a company with such a small market cap and volume of trading activity. This suggests that Niu Technologies is operating at high efficiency levels which will likely benefit investors in the long term as profits can be reinvested into future growth opportunities or shared amongst shareholders as dividends or buybacks.
Overall, Niu Technologies appears to have stable financials with an increase in revenue over the past year and a strong EPS ratio which makes them attractive to potential investors looking for companies with sound fundamentals that can provide long-term returns on investment.
