(VIANEWS) – Shares of Nikola (NASDAQ: NKLA) slid by a staggering 31.12% in 21 sessions from $0.86 at 2023-05-09, to $0.59 at 20:52 EST on Wednesday, following the last session’s upward trend. NASDAQ is dropping 1.29% to $13,104.89, following the last session’s downward trend.
Nikola’s last close was $0.59, 93.38% under its 52-week high of $8.97.
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 $-1.62.
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%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 12% and 35.7%, respectively.
Moving Average
Nikola’s worth is way under its 50-day moving average of $0.94 and way below its 200-day moving average of $2.56.
Sales Growth
Nikola’s sales growth is negative 16.8% for the current quarter and 37.9% for the next.
Volume
Today’s last reported volume for Nikola is 41213016 which is 41% above its average volume of 27706800.
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