Nikola Already 5% Up, Almost Five Hours Before The NASDAQ Open

(VIANEWS) – The NASDAQ opens in less than five hours and Nikola‘s pre-market value is already 5.04% up.

Nikola’s last close was $1.19, 86.73% below its 52-week high of $8.97.

The last session, NASDAQ ended with Nikola (NKLA) dropping 15% to $1.19. NASDAQ slid 0.68% to $13,689.57, following the last session’s downward trend on what was a somewhat bearish 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 $-2.2.

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 -137.05%.

Volume

Today’s last reported volume for Nikola is 234060381 which is 455.47% above its average volume of 42137100.

Revenue Growth

Year-on-year quarterly revenue growth grew by 489.1%, now sitting on 60.05M for the twelve trailing months.

Sales Growth

Nikola’s sales growth is negative 16.8% for the current quarter and 37.9% for the next.

Moving Average

Nikola’s value is way above its 50-day moving average of $0.86 and way below its 200-day moving average of $2.42.

More news about Nikola (NKLA).

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