(VIANEWS) – Shares of Nikola (NASDAQ: NKLA) dropped by a staggering 29.51% in 21 sessions from $1.22 at 2023-04-04, to $0.86 at 14:52 EST on Tuesday, following the last session’s downward trend. NASDAQ is dropping 1.02% to $12,088.45, following the last session’s downward trend.
Nikola’s last close was $0.84, 90.67% below 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 $-1.68.
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 -128.56%.
Yearly Top and Bottom Value
Nikola’s stock is valued at $0.86 at 14:52 EST, way under its 52-week high of $8.97 and higher than its 52-week low of $0.79.
Moving Average
Nikola’s worth is way below its 50-day moving average of $1.53 and way below its 200-day moving average of $3.25.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Nikola’s EBITDA is -5.6.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 23.8% and positive 12% for the next.
Previous days news about Nikola (NKLA)
- Nikola (nkla) to report Q1 earnings: what's in the offing?. According to Zacks on Monday, 1 May, "Our proven model does not conclusively predict an earnings beat for Nikola for first-quarter 2023, as it does not have the right combination of the two key ingredients. ", "To accomplish its plan of accelerating deliveries, Nikola hired Bruce Kurtt, who brings over 30 years of medium- and heavy-duty trucking expertise to the table, as SVP Commercial and Sales. "
More news about Nikola (NKLA).
