Nikola Corp (NASDAQ: NKLA) open the trading on Wednesday, with a bit cautious approach as it glided -3.26% to $0.64, before settling in for the price of $0.67 at the close. Taking a more long-term approach, NKLA posted a 52-week range of $0.52-$3.71.
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The Industrials sector firm’s twelve-monthly sales growth has been -41.64% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is 50.39%. This publicly-traded company’s shares outstanding now amounts to $1.33 billion, simultaneously with a float of $1.23 billion. The organization now has a market capitalization sitting at $859.34 million. At the time of writing, stock’s 50-day Moving Average stood at $0.7518, while the 200-day Moving Average is $1.1470.
Nikola Corp (NKLA) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Farm & Heavy Construction Machinery industry. Nikola Corp’s current insider ownership accounts for 7.55%, in contrast to 33.83% institutional ownership. According to the most recent insider trade that took place on Mar 05 ’24, this organization’s Chief Legal Officer sold 109,980 shares at the rate of 0.68, making the entire transaction reach 74,852 in total value, affecting insider ownership by 647,449. Preceding that transaction, on Mar 05 ’24, Company’s Chief Human Resources Officer sold 75,162 for 0.68, making the whole transaction’s value amount to 51,155. This particular insider is now the holder of 429,790 in total.
Nikola Corp (NKLA) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 21.50 per share during the current fiscal year.
Nikola Corp’s EPS increase for this current 12-month fiscal period is 50.39% and is forecasted to reach -0.29 in the upcoming year.
Nikola Corp (NASDAQ: NKLA) Trading Performance Indicators
Let’s observe the current performance indicators for Nikola Corp (NKLA). It’s Quick Ratio in the last reported quarter now stands at 1.96. The Stock has managed to achieve an average true range (ATR) of 0.09. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 23.69.
In the same vein, NKLA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.25, a figure that is expected to reach -0.10 in the next quarter, and analysts are predicting that it will be -0.29 at the market close of one year from today.
Technical Analysis of Nikola Corp (NKLA)
[Nikola Corp, NKLA] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 3.26% While, its Average True Range was 0.0954.
Raw Stochastic average of Nikola Corp (NKLA) in the period of the previous 100 days is set at 10.81%, which indicates a major rise in contrast to 0.96% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 154.35% that was higher than 107.41% volatility it exhibited in the past 100-days period.
