Nikola Stock Is 30% Down In The Last 21 Sessions

(VIANEWS) – Shares of Nikola (NASDAQ: NKLA) dropped by a staggering 30.7% in 21 sessions from $2.15 at 2023-03-03, to $1.49 at 09:57 EST on Monday, following the last session’s upward trend. NASDAQ is jumping 0.31% to $11,823.96, after five consecutive sessions in a row of gains.

Nikola’s last close was $1.50, 87.36% below 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%.

Yearly Top and Bottom Value

Nikola’s stock is valued at $1.49 at 09:57 EST, way under its 52-week high of $11.87 and way higher than its 52-week low of $1.35.

Sales Growth

Nikola’s sales growth for the next quarter is 2539.1%.

More news about Nikola (NKLA).

Leave a Reply

Your email address will not be published. Required fields are marked *