On Monday, Nxu Inc (NASDAQ: NXU) was -15.89% drop from the session before settling in for the closing price of $0.62. A 52-week range for NXU has been $0.21 – $5.97.
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When this article was written, the company’s average yearly earnings per share was at 97.96%. With a float of $11.57 million, this company’s outstanding shares have now reached $11.93 million.
Let’s look at the performance matrix of the company that is accounted for 36 employees. In terms of profitability, gross margin is -157.99%, operating margin of -5987.18%, and the pretax margin is -5175.15%.
Nxu Inc (NXU) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Nxu Inc stocks. The insider ownership of Nxu Inc is 3.07%, while institutional ownership is 0.87%. The most recent insider transaction that took place on Dec 31 ’23, was worth 4,772. In this transaction Interim CFO of this company sold 2,179 shares at a rate of $2.19, taking the stock ownership to the 108,948 shares. Before that another transaction happened on Nov 03 ’23, when Company’s 10% Owner sold 2,357,502 for $0.34, making the entire transaction worth $791,649. This insider now owns 17,999,785 shares in total.
Nxu Inc (NXU) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -33 earnings per share (EPS) during the time that was less than consensus figure (set at -24) by -9. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.29 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 97.96% per share during the next fiscal year.
Nxu Inc (NASDAQ: NXU) Trading Performance Indicators
You can see what Nxu Inc (NXU) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.02. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 12.14.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -35.78, a number that is poised to hit -0.30 in the next quarter and is forecasted to reach -0.49 in one year’s time.
Technical Analysis of Nxu Inc (NXU)
Nxu Inc (NASDAQ: NXU) saw its 5-day average volume 81.03 million, a positive change from its year-to-date volume of 3.04 million. As of the previous 9 days, the stock’s Stochastic %D was 47.92%. Additionally, its Average True Range was 0.08.
During the past 100 days, Nxu Inc’s (NXU) raw stochastic average was set at 42.39%, which indicates a significant increase from 40.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 372.08% in the past 14 days, which was higher than the 158.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.2862, while its 200-day Moving Average is $0.5384. Nevertheless, the first resistance level for the watch stands at $0.5995 in the near term. At $0.6803, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.7206. If the price goes on to break the first support level at $0.4784, it is likely to go to the next support level at $0.4381. The third support level lies at $0.3573 if the price breaches the second support level.
Nxu Inc (NASDAQ: NXU) Key Stats
There are 12,183K outstanding shares of the company, which has a market capitalization of 6.19 million. As of now, sales total 500 K while income totals -40,180 K. Its latest quarter income was 10 K while its last quarter net income were -6,540 K.
