(VIANEWS) – Shares of Nikola (NASDAQ: NKLA) dropped by a staggering 30.86% in 21 sessions from $1.75 at 2023-03-16, to $1.21 at 09:48 EST on Wednesday, after two successive sessions in a row of losses. NASDAQ is dropping 0.52% to $12,126.33, after two successive sessions in a row of losses.
Nikola’s last close was $1.22, 89.72% 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%.
Volume
Today’s last reported volume for Nikola is 688637 which is 17.59% above its average volume of 14106100.
Sales Growth
Nikola’s sales growth for the next quarter is 2539.1%.
Previous days news about Nikola (NKLA)
- Nikola (nkla) to raise $100m to keep up with rising costs. According to Zacks on Monday, 3 April, "For 2023, Nikola is planning to ramp up the production of battery-electric semis. ", "As of Dec 31, 2022, Nikola had $233.4 million in cash and cash equivalents, down from $315.7 million on Sep 30, 2022."
More news about Nikola (NKLA).
