(VIANEWS) – The NASDAQ ended the session with Nikola (NKLA) jumping 34.33% to $1.17 on Thursday while NASDAQ jumped 0.81% to $13,926.05.
Nikola’s last close was $0.87, 85.99% under its 52-week high of $6.21.
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 $-1.38.
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 -132.55%.
Nikola’s sales growth is 6.2% for the current quarter and 923% for the next.
Nikola’s worth is way below its 50-day moving average of $1.86 and way below its 200-day moving average of $1.82.
Today’s last reported volume for Nikola is 187259000 which is 115.58% above its average volume of 86861200.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 46.4% and 67.6%, respectively.
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