Nikola Already 10% Up, Almost One Hour Before The NASDAQ Open

(VIANEWS) – The NASDAQ opens in less than one hour and Nikola‘s pre-market value is already 10.58% up.

Nikola’s last close was $1.04, 71.97% below its 52-week high of $3.71.

The last session, NASDAQ ended with Nikola (NKLA) jumping 14.4% to $1.04. NASDAQ fell 0.12% to $16,379.46, following the last session’s downward trend on what was a somewhat negative trend exchanging session.

About Nikola

Nikola Corporation operates as a technology innovator and integrator that develops energy and transportation solutions in the United States and internationally. The company operates in truck and energy units. It commercializes battery electric vehicles (BEV) and hydrogen fuel cell electric vehicles (FCEV) to the trucking sector. In addition, it develops a network of hydrogen fueling stations; and offers BEV charging solutions for its FCEV and BEV customers, as well as other third-party customers. Further, its products include Nikola Tre Class 8 truck and the Nikola's Class 8 FCEV. Additionally, the company 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 $-1.21.

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 -138.82%.

Sales Growth

Nikola’s sales growth is 20.1% for the present quarter and 54.9% for the next.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 65.4% and 50%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 75.7%, now sitting on 35.84M for the twelve trailing months.

Yearly Top and Bottom Value

Nikola’s stock is valued at $1.04 at 09:30 EST, way under its 52-week high of $3.71 and way higher than its 52-week low of $0.52.

More news about Nikola (NKLA).

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