(VIANEWS) – Shares of Nikola (NASDAQ: NKLA) rose by a staggering 15.51% in 5 sessions from $0.81 at 15.51, to $0.93 at 14:56 EST on Wednesday, following the last session’s upward trend. NASDAQ is jumping 0.6% to $12,153.32, after two successive sessions in a row of losses.
Nikola’s last close was $0.86, 90.42% 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%.
Sales Growth
Nikola’s sales growth is 563% for the ongoing quarter and 16.2% for the next.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 23.8% and positive 12% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Nikola’s EBITDA is -5.6.
Volatility
Nikola’s last week, last month’s, and last quarter’s current intraday variation average was a positive 1.70%, a negative 2.79%, and a positive 5.26%.
Nikola’s highest amplitude of average volatility was 4.61% (last week), 6.28% (last month), and 5.26% (last quarter).
Previous days news about Nikola (NKLA)
- Nikola (nkla) to report Q1 earnings: what's in the offing?. According to Zacks on Monday, 1 May, "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. ", "In fourth-quarter 2022, Nikola incurred an adjusted quarterly loss of 37 cents per share, narrower than the Zacks Consensus Estimate of a loss of 46 cents. "
More news about Nikola (NKLA).
