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Nikola Stock Bearish By 31% In The Last 21 Sessions

(VIANEWS) – Shares of Nikola (NASDAQ: NKLA) fell by a staggering 31.01% in 21 sessions from $1.29 at 2023-04-03, to $0.89 at 14:58 EST on Friday, following the last session’s upward trend. NASDAQ is jumping 0.49% to $12,201.87, after two successive sessions in a row of gains.

Nikola’s last close was $0.88, 90.2% under its 52-week high of $8.97.

About Nikola

Nikola Corporation operates as a technology innovator and integrator that develops energy and transportation solutions. It operates through two business units, Truck and Energy. The Truck business unit develops and commercializes battery electric vehicles (BEV) and hydrogen fuel cell electric vehicles (FCEV) to the trucking sector. The Energy business unit develops and constructs a network of hydrogen fueling stations; and offers BEV charging solutions for its FCEV and BEV customers, as well as other third-party customers. The company also assembles, integrates, and commissions its vehicles in collaboration with its business partners and suppliers. Nikola Corporation founded in 2015 and is headquartered in Phoenix, Arizona.

Earnings Per Share

As for profitability, Nikola has a trailing twelve months EPS of $-1.75.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -128.56%.

Volume

Today’s last reported volume for Nikola is 14216134 which is 24.38% below its average volume of 18451400.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Nikola’s EBITDA is -5.6.

More news about Nikola (NKLA).

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