A new trading day began on November 20, 2023, with Nxu Inc (NASDAQ: NXU) stock priced at $0.0269, down -7.49% from the previous day of trading. During the day, the shares moved up to $0.027 and dropped to $0.0218 before settling in for the closing price of $0.03. NXU’s price has ranged from $0.03 to $11.30 over the past 52 weeks.
With a float of $27.09 million, this company’s outstanding shares have now reached $66.86 million.
Considering the fact that the conglomerate employs 93 people, you should pay attention to its efficiency factor.
Nxu Inc (NXU) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Electrical Equipment & Parts Industry. The insider ownership of Nxu Inc is 59.48%, while institutional ownership is 4.19%. The most recent insider transaction that took place on Nov 03, was worth 791,649. In this transaction 10% Owner of this company sold 2,357,502 shares at a rate of $0.34, taking the stock ownership to the 17,999,785 shares. Before that another transaction happened on Nov 02, when Company’s 10% Owner sold 2,251,368 for $0.03, making the entire transaction worth $72,719. This insider now owns 20,357,287 shares in total.
Nxu Inc (NXU) Recent Fiscal highlights
In its latest quarterly report, released on 9/29/2023, the company reported earnings of -$0.22 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
Nxu Inc (NASDAQ: NXU) Trading Performance Indicators
Here are Nxu Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.08, a number that is poised to hit -0.22 in the next quarter
Technical Analysis of Nxu Inc (NXU)
Compared to the last year’s volume of 7.68 million, its volume of 23.23 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 15.37%. Additionally, its Average True Range was 0.01.
During the past 100 days, Nxu Inc’s (NXU) raw stochastic average was set at 0.47%, which indicates a significant decrease from 20.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.73% in the past 14 days, which was lower than the 145.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.0985, while its 200-day Moving Average is $0.5092. Nevertheless, the first resistance level for the watch stands at $0.0272 in the near term. At $0.0297, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.0324. If the price goes on to break the first support level at $0.0220, it is likely to go to the next support level at $0.0193. Now, if the price goes above the second support level, the third support stands at $0.0168.
Nxu Inc (NASDAQ: NXU) Key Stats
With a market capitalization of 1.65 million, the company has a total of 186,702K Shares Outstanding. Currently, annual sales are 0 K while annual income is -70,680 K. The company’s previous quarter sales were 0 K while its latest quarter income was -14,710 K.