Niu’s Earnings Push The Share Price Up

Niu Technologies (NASDAQ: NIU) saw an increase in its share price after delivering its e-scooter sales volume results for Q4 2020. In total, NIU exhibited more than 40% Q/Q sales growth and 42% Y/Y sales growth. That’s not all. In the China market, NIU reported 45% revenue growth Y/Y. Read More In StockMarketRevolution.com

NIU’s Big Data Business Could Make The Stock Double

NIU (NIU) appears to be valued at 3.1x forward sales and 20x EBITDA, which does not seem cheap. However, investors need to take into account the company’s usage of its own data. In my opinion, if the market starts seeing the company as a tech company, 6x forward sales could make sense. Read More In Stockmarketrevolution.com