On Monday, Nikola Corp (NASDAQ: NKLA) opened lower -6.21% from the last session, before settling in for the closing price of $1.61. Price fluctuations for NKLA have ranged from $1.60 to $34.50 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Industrials Sector giant saw their annual sales slid by -41.64% over the last five years. Company’s average yearly earnings per share was noted 52.29% at the time writing. With a float of $56.23 million, this company’s outstanding shares have now reached $60.87 million.
The firm has a total of 870 workers. Let’s measure their productivity. In terms of profitability, gross margin is -305.46%, operating margin of -766.95%, and the pretax margin is -838.98%.
Nikola Corp (NKLA) Insider Activity
A key investor’s attitude towards the stock of the Farm & Heavy Construction Machinery industry is another important factor to consider. The insider ownership of Nikola Corp is 7.62%, while institutional ownership is 24.45%. The most recent insider transaction that took place on Dec 04 ’24, was worth 918. In this transaction President, Energy of this company sold 546 shares at a rate of $1.68, taking the stock ownership to the 49,597 shares. Before that another transaction happened on Dec 04 ’24, when Company’s Officer proposed sale 546 for $1.68, making the entire transaction worth $918.
Nikola Corp (NKLA) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -2.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 52.29% per share during the next fiscal year.
Nikola Corp (NASDAQ: NKLA) Trading Performance Indicators
Check out the current performance indicators for Nikola Corp (NKLA). In the past quarter, the stock posted a quick ratio of 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -14.34, a number that is poised to hit -2.23 in the next quarter and is forecasted to reach -7.80 in one year’s time.
Technical Analysis of Nikola Corp (NKLA)
Analysing the last 5-days average volume posted by the [Nikola Corp, NKLA], we can find that recorded value of 11.88 million was better than the volume posted last year of 3.84 million. As of the previous 9 days, the stock’s Stochastic %D was 6.40%. Additionally, its Average True Range was 0.26.
During the past 100 days, Nikola Corp’s (NKLA) raw stochastic average was set at 1.25%, which indicates a significant decrease from 13.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.49% in the past 14 days, which was lower than the 99.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.3651, while its 200-day Moving Average is $11.3626. Now, the first resistance to watch is $1.6200. This is followed by the second major resistance level at $1.7300. The third major resistance level sits at $1.8400. If the price goes on to break the first support level at $1.4000, it is likely to go to the next support level at $1.2900. Should the price break the second support level, the third support level stands at $1.1800.
Nikola Corp (NASDAQ: NKLA) Key Stats
There are currently 60,867K shares outstanding in the company with a market cap of 91.91 million. Presently, the company’s annual sales total 35,840 K according to its annual income of -966,280 K. Last quarter, the company’s sales amounted to 25,180 K and its income totaled -199,780 K.
