Nikola Stock Bullish Momentum With A 9.17% Jump On Wednesday

(VIANEWS) – The NASDAQ ended the session with Nikola rising 9.17% to $0.59 on Wednesday, after two consecutive sessions in a row of losses. NASDAQ dropped 1.29% to $13,104.89, following the last session’s upward trend on what was an all-around negative trend exchanging session today.

Nikola’s last close was $0.54, 93.96% 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 $-1.62.

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%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 489.1%, now sitting on 60.05M for the twelve trailing months.


Today’s last reported volume for Nikola is 39068800 which is 41% above its average volume of 27706800.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Nikola’s EBITDA is 10.56.

More news about Nikola (NKLA).

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