Niu Shares Face Unrelenting Downturn

Niu Technologies finds itself navigating turbulent market conditions as its stock continues a persistent downward trajectory. Since mid-November, the electric scooter manufacturer's shares have been locked in a pronounced decline, with recent quarterly results failing to stem the bleeding—concerning developments for current shareholders.

Market data reveals a troubling pattern: between November 10th and 21st, Niu's stock declined during seven out of ten trading sessions, plummeting by a substantial 17.5 percent. Friday's closing price of $3.30 confirms the sustained negative momentum. More alarming still is the notably thin trading volume, with approximately 679,000 shares changing hands representing a turnover of $2.24 million.

• Current Price: $3.30
• Daily Range: $3.13 - $3.32
• 52-Week Range: $1.66 - $5.67

The combination of weak volatility and falling share values points to significantly diminished buyer interest. Market observers are questioning how much further the equity might decline.

Strong Operational Performance Fails to Impress

Despite the bearish sentiment, Niu delivered robust third-quarter operational metrics. Revenue climbed 65 percent to reach 1.69 billion renminbi, while net profit came in at 82 million renminbi. Domestic sales in the company's home market of China surged dramatically by 74 percent to 451,000 units.

Should investors sell immediately? Or is it worth buying Niu?

The muted market response appears rooted in international performance challenges. Overseas sales collapsed to just 14,000 units during the period. While Niu dominates in its domestic market, the lack of global traction appears to outweigh domestic achievements in investors' assessment.

Analyst Sentiment Remains Deeply Negative

Wall Street analysts maintain an overwhelmingly pessimistic outlook toward Niu. The consensus rating stands at "Sell," with some analysts even suggesting the stock could become worthless. The prevailing skepticism centers on whether the company can revitalize its international operations or will remain confined to the Chinese market.

The technical chart configuration, coupled with negative analyst positioning, creates a clear narrative: Niu continues to represent a high-risk investment in challenging market conditions. The central question for investors is no longer whether the decline will continue, but rather how much further shares might fall.