American Century Companies Inc. Boosts Stake in Niu Technologies (NASDAQ:NIU)

American Century Companies Inc. raised its position in shares of Niu Technologies (NASDAQ:NIU) by 438.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,804 shares of the company’s stock after buying an additional 71,501 shares during the quarter. American Century Companies Inc. owned about 0.11% of Niu Technologies worth $157,000 as of its most recent SEC filing.

Separately, Green Alpha Advisors LLC increased its position in shares of Niu Technologies by 35.6% during the 4th quarter. Green Alpha Advisors LLC now owns 137,752 shares of the company’s stock valued at $247,000 after purchasing an additional 36,180 shares during the last quarter. 75.06% of the stock is owned by institutional investors.

Niu Technologies Stock Up 13.4 %

Shares of NIU opened at $3.13 on Tuesday. Niu Technologies has a 52-week low of $1.65 and a 52-week high of $4.90. The company has a market cap of $242.76 million, a PE ratio of -7.11 and a beta of -0.01. The business has a fifty day moving average of $2.95 and a 200 day moving average of $2.38.

Niu Technologies (NASDAQ:NIU) last issued its quarterly earnings results on Monday, March 17th. The company reported ($0.13) EPS for the quarter. The firm had revenue of $112.23 million for the quarter. Niu Technologies had a negative net margin of 8.53% and a negative return on equity of 24.22%.

About Niu Technologies

Niu Technologies designs, manufactures, and sells electric scooters in the People’s Republic of China, Europe, and internationally. The company offers RQi, NQi, MQi, SQi, UQi, F, and Gova series smart electric scooters, motorcycles, mopeds, and bicycles; KQi series kick-scooters; BQi series e-bikes; and Niu Aero Sports Bicycles.