How to Buy Nio Stock
Nio Inc
NIO Limited designs, manufactures, and sells electric vehicles in the People's Republic of China, Hong Kong, the United States, the United Kingdom, and Germany.
Nio stock last closed at $4.18, down 4.13% from the previous day, and has decreased 30.1% in one year. It has overperformed other stocks in the Auto Manufacturers industry by 0.47 percentage points. Nio stock is currently +15.79% from its 52-week low of $3.61, and -45.78% from its 52-week high of $7.71.
There are currently 2.06B shares of NIO outstanding. The market cap of NIO is $8.59B. In the past 24 hours, 36.98M NIO shares were traded.
How to Buy Nio Stock
Wondering how to invest in Nio stock? Here's how.
- Decide where to buy Nio stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Nio stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Select your payment method and add your information.
- Research Nio stock: The Nio ticker symbol is NIO. Is Nio stock a good investment? Should you buy shares of NIO? How do NIO's underlying business fundamentals look? Do top analysts think Nio is a good buy? Why has NIO's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if NIO is a good stock to buy).
- Make your NIO purchase: Decide if you will purchase NIO shares at the current market price or use a limit order to purchase NIO shares at a particular price.
- Watch your NIO investment: Create a watchlist to get the latest news on your position in Nio shares.
Step 1: Decide where to buy Nio stock
You need a brokerage account in order to access the NYSE market and buy NIO stock.
Our recommended brokerage: eToro
We believe that eToro is the best online stock brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to global financial markets: From Tech to Energy, New York to Tokyo — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by opening an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal info so you are able to buy NIO stock today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to open a new trading account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've filled out your info on the best stock market app, you can securely and quickly fund your account:
Check out the walkthrough below for more details depositing funds into your new brokerage account.
Step 4: Research Nio stock
After you have chosen the best place to buy Nio stock, it's absolutely critical to analyze their stock before you buy, so you can comprehend the risk and upside.
Nio shares quick numbers
Fundamentals of Nio
WallStreetZen was designed to help part-time investors perform better fundamental analysis.
You can view all of the due diligence checks on NIO's stock page.
How is NIO stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge NIO's true value.
Using relative valuations methods:
- NIO could be overvalued based on its P/B ratio of 5.43x, relative to Auto Manufacturers industry P/B ratio of 3.28x
You can access more valuation analysis on NIO's stock here.
A quick look at NIO Financials
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the NIO balance sheet.
- Total NIO debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the NIO balance sheet.
Negative Financial Indicators:
- NIO has a relatively high debt to equity ratio of 7.75.
- NIO profit margin has gone up by 0.06 percentage points in the past year, but the company is still unprofitable.
Do Wall Street analysts think it's a good time to buy NIO stock
Out of 5 Wall Street analysts who give forecasts on NIO, the consensus analyst rating on NIO is a Hold
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Nio stock forecast page.
NIO Technicals
How is NIO performing as a company?
Last year, NIO revenue was $8.80B. In the past five year, NIO's revenue has gone up by 49.56% per year. This was faster than the Auto Manufacturers industry average of 39.94%.
You can analyze NIO's earnings and revenue performance here.
Are NIO insiders buying or selling the stock?
Over the last year, insiders at NIO have not bought or sold any shares.
Dig into more about who owns NIO stock here.
Can I rely on NIO as an income stream?
No, Nio doesn't provide an income stream by paying out dividends.
What do other investors have to say about NIO?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your NIO purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price, place a limit order.
Hit the Open Trade button and your broker will execute your order.
If you want additional help with buying stocks on eToro, click the helpful video below:
Step 6: Watch your NIO investment
Now that you own some shares in NIO, you'll want to stay up-to-date on your new stock purchase.
Create a watchlist to track the most important metrics related to your NIO stock.
NIO Feed
How to Buy Stock in Nio
To summarize, here are the 6 steps for buying Nio stock:
- Decide where to buy Nio stock
- Open your brokerage account
- Deposit money your investment account
- Research Nio stock
- Make your NIO purchase
- Watch your NIO investment
If you require a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to monitor your new investment in Nio, create a watchlist today.
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