Less Than Five Hours Before The Market Open, Nikola Is Up By 4%

(VIANEWS) – The NASDAQ opens in less than five hours and Nikola‘s pre-market value is already 4.58% up.

Nikola’s last close was $0.98, 89.02% under its 52-week high of $8.97.

The last session, NASDAQ ended with Nikola (NKLA) rising 0.63% to $0.98. NASDAQ jumped 0.18% to $12,256.92, after two successive sessions in a row of gains, on what was a somewhat bullish trend exchanging session.

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 $-2.03.

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%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 23.8% and positive 12% for the next.

Sales Growth

Nikola’s sales growth is 563% for the present quarter and 16.2% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Nikola’s EBITDA is -5.6.

Volume

Today’s last reported volume for Nikola is 25318630 which is 18.03% above its average volume of 19512700.

More news about Nikola (NKLA).

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