Nikola Stock Rise On Tuesday, Outperforms Market

(VIANEWS) – The NASDAQ ended the session with Nikola (NKLA) jumping 9.44% to $2.55 on Tuesday while NASDAQ rose 0.76% to $14,353.64.

Nikola’s last close was $2.33, 74.02% 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 $-1.74.

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 14.9% for the present quarter and 37.9% for the next.

Revenue Growth

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

Volatility

Nikola’s last week, last month’s, and last quarter’s current intraday variation average was 15.90%, 4.48%, and 7.94%.

Nikola’s highest amplitude of average volatility was 16.99% (last week), 9.61% (last month), and 7.94% (last quarter).

Moving Average

Nikola’s value is way above its 50-day moving average of $1.01 and way above its 200-day moving average of $1.99.

More news about Nikola (NKLA).

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