Nikola Stock Bullish Momentum With A 14% Jump So Far Today

(VIANEWS) – Shares of Nikola (NASDAQ: NKLA) jumped by a staggering 14.91% to $0.70 at 14:25 EST on Friday, after two consecutive sessions in a row of gains. NASDAQ is jumping 0.14% to $13,257.06, following the last session’s upward trend. This seems, up to now, a somewhat up trend trading session today.

Nikola’s last close was $0.61, 93.21% 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 $-1.62.

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%.

Sales Growth

Nikola’s sales growth is negative 16.8% for the ongoing quarter and 37.9% for the next.

Volatility

Nikola’s last week, last month’s, and last quarter’s current intraday variation average was a positive 1.06%, a negative 1.80%, and a positive 5.96%.

Nikola’s highest amplitude of average volatility was 5.04% (last week), 5.43% (last month), and 5.96% (last quarter).

Yearly Top and Bottom Value

Nikola’s stock is valued at $0.70 at 14:25 EST, way below its 52-week high of $8.97 and way above its 52-week low of $0.55.

Moving Average

Nikola’s value is way below its 50-day moving average of $0.94 and way below its 200-day moving average of $2.56.

More news about Nikola (NKLA).

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