Nikola Stock Bullish Momentum With A 14.4% Jump On Thursday

(VIANEWS) – The NASDAQ ended the session with Nikola (NKLA) jumping 14.4% to $1.04 on Thursday while NASDAQ slid 0.12% to $16,379.46.

Nikola’s last close was $0.91, 75.5% below its 52-week high of $3.71.

About Nikola

Nikola Corporation operates as a technology innovator and integrator that develops energy and transportation solutions in the United States and internationally. The company operates in truck and energy units. It commercializes battery electric vehicles (BEV) and hydrogen fuel cell electric vehicles (FCEV) to the trucking sector. In addition, it develops a network of hydrogen fueling stations; and offers BEV charging solutions for its FCEV and BEV customers, as well as other third-party customers. Further, its products include Nikola Tre Class 8 truck and the Nikola's Class 8 FCEV. Additionally, the company 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 $-1.21.

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 -138.82%.

Sales Growth

Nikola’s sales growth is 20.1% for the current quarter and 54.9% for the next.

Moving Average

Nikola’s value is way higher than its 50-day moving average of $0.73 and way below its 200-day moving average of $1.17.

More news about Nikola (NKLA).

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