Nikola Stock Is 29% Down In The Last 21 Sessions

(VIANEWS) – Shares of Nikola (NASDAQ: NKLA) dropped by a staggering 29.21% in 21 sessions from $2.67 at 2023-02-15, to $1.89 at 10:28 EST on Wednesday, after two sequential sessions in a row of losses. NASDAQ is dropping 0.11% to $11,517.75, after two sequential sessions in a row of losses.

Nikola’s last close was $1.95, 83.57% under its 52-week high of $11.87.

About Nikola

Nikola Corporation operates as a technology innovator and integrator that works to develop energy and transportation solutions. It operates through two business units, Truck and Energy. The Truck business unit develops and commercializes battery hydrogen-electric and battery-electric semi-trucks 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 is headquartered in Phoenix, Arizona.

Earnings Per Share

As for profitability, Nikola has a trailing twelve months EPS of $-1.731.

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 -113.47%.

Volatility

Nikola’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.35%, a negative 1.21%, and a positive 4.43%.

Nikola’s highest amplitude of average volatility was 2.62% (last week), 3.64% (last month), and 4.43% (last quarter).

Moving Average

Nikola’s value is way under its 50-day moving average of $2.44 and way under its 200-day moving average of $4.22.

Volume

Today’s last reported volume for Nikola is 3692404 which is 75.07% below its average volume of 12868900.

Yearly Top and Bottom Value

Nikola’s stock is valued at $1.89 at 10:28 EST, below its 52-week low of $2.01.

More news about Nikola (NKLA).

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