A new trading day began on Friday, with Nikola Corp (NASDAQ: NKLA) stock price up 0.88% from the previous day of trading, before settling in for the closing price of $1.14. NKLA’s price has ranged from $1.09 to $34.50 over the past 52 weeks.
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Annual sales at Industrials sector company slipped by -41.64% over the past five years. Meanwhile, its annual earnings per share averaged 51.45%. With a float of $80.99 million, this company’s outstanding shares have now reached $84.47 million.
Let’s look at the performance matrix of the company that is accounted for 870 employees. 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 and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Farm & Heavy Construction Machinery Industry. The insider ownership of Nikola Corp is 4.12%, while institutional ownership is 17.62%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.73 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 51.45% per share during the next fiscal year.
Nikola Corp (NASDAQ: NKLA) Trading Performance Indicators
Here are Nikola Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -14.34, a number that is poised to hit -2.28 in the next quarter and is forecasted to reach -7.76 in one year’s time.
Technical Analysis of Nikola Corp (NKLA)
Nikola Corp (NASDAQ: NKLA) saw its 5-day average volume 9.76 million, a positive change from its year-to-date volume of 4.23 million. As of the previous 9 days, the stock’s Stochastic %D was 10.01%. Additionally, its Average True Range was 0.20.
During the past 100 days, Nikola Corp’s (NKLA) raw stochastic average was set at 0.81%, which indicates a significant decrease from 10.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 93.80% in the past 14 days, which was lower than the 103.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.4973, while its 200-day Moving Average is $10.0787. Nevertheless, the first resistance level for the watch stands at $1.2198 in the near term. At $1.2896, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.3595. If the price goes on to break the first support level at $1.0801, it is likely to go to the next support level at $1.0102. The third support level lies at $0.9404 if the price breaches the second support level.
Nikola Corp (NASDAQ: NKLA) Key Stats
With a market capitalization of 97.99 million, the company has a total of 60,867K Shares Outstanding. Currently, annual sales are 35,840 K while annual income is -966,280 K. The company’s previous quarter sales were 25,180 K while its latest quarter income was -199,780 K.
