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Carmignac Gestion lifted its stake in Niu Technologies (NASDAQ:NIU – Free Report) by 3.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 897,408 shares of the company’s stock after purchasing an additional 27,500 shares during the period. Carmignac Gestion owned approximately 1.16% […]
Operator: Good day, ladies and gentlemen. Thank you for standing by. And welcome to the Niu Technologies First Quarter 2024 Earnings Conference Call.
Niu Technologies reported 21% revenue growth in Q1 2024, with an increase in sales volume but decrease in revenues per e-scooter. Earnings per ADS were $(0.10) and the company expects further revenue growth in Q2 and 2024. Investors can access the stock through Vanguard FTSE Emerging Markets ETF (VWO) and Vanguard Total International Stock ETF (VXUS). NIU stock has declined 46% in the last year.
Niu Technologies (NASDAQ:NIU – Get Free Report) was the recipient of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 1,090,000 shares, a decrease of 16.8% from the March 31st total of 1,310,000 shares. Based on an average daily volume of 417,700 shares, the short-interest ratio is […]
Niu Technologies ( NASDAQ:NIU ) Full Year 2023 Results Key Financial Results Revenue: CN¥2.65b (down 16% from FY 2022...