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Nikola Stock Bullish By 31% So Far On Thursday

(VIANEWS) – Shares of Nikola (NASDAQ: NKLA) rose by a staggering 31.16% to $1.81 at 11:22 EST on Thursday, after two successive sessions in a row of losses. NASDAQ is jumping 1.04% to $14,063.39, after three successive sessions in a row of gains. This seems, so far, an all-around bullish trend exchanging session today.

Nikola’s last close was $1.38, 84.62% 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 $-1.68.

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 -137.05%.

Volatility

Nikola’s last week, last month’s, and last quarter’s current intraday variation average was 1.57%, 2.50%, and 7.45%.

Nikola’s highest amplitude of average volatility was 4.96% (last week), 9.59% (last month), and 7.45% (last quarter).

Sales Growth

Nikola’s sales growth is negative 13.6% for the current quarter and 37.9% for the next.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 12% and 35.7%, respectively.

More news about Nikola (NKLA).

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