(VIANEWS) – Shares of Nikola (NASDAQ: NKLA) rose by a staggering 17.73% in 5 sessions from $0.71 at 17.73, to $0.83 at 11:37 EST on Tuesday, after two consecutive sessions in a row of gains. NASDAQ is falling 0.14% to $12,703.32, following the last session’s upward trend.
Nikola’s last close was $0.81, 90.94% below 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 $-1.71.
Volatility
Nikola’s last week, last month’s, and last quarter’s current intraday variation average was a positive 3.63%, a negative 0.69%, and a positive 5.42%.
Nikola’s highest amplitude of average volatility was 3.65% (last week), 5.03% (last month), and 5.42% (last quarter).
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Nikola’s stock is considered to be oversold (<=20).
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 12% and 35.7%, respectively.
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