Nikola Stock Slides By 20% In The Last 10 Sessions

(VIANEWS) – Shares of Nikola (NASDAQ: NKLA) dropped by a staggering 20.47% in 10 sessions from $2.15 at 2023-03-03, to $1.71 at 14:26 EST on Thursday, after two successive sessions in a row of losses. NASDAQ is jumping 1.99% to $11,661.50, after three consecutive sessions in a row of gains.

Nikola’s last close was $1.64, 86.18% under its 52-week high of $11.87.

About Nikola

Nikola Corporation operates as a technology innovator and integrator that works to develop energy and transportation solutions. It operates through two business units, Truck and Energy. The Truck business unit develops and commercializes battery hydrogen-electric and battery-electric semi-trucks 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 is headquartered in Phoenix, Arizona.

Earnings Per Share

As for profitability, Nikola has a trailing twelve months EPS of $-1.731.

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 -113.47%.

Volume

Today’s last reported volume for Nikola is 5607956 which is 57.66% below its average volume of 12597700.

Sales Growth

Nikola’s sales growth for the next quarter is 2539.1%.

Volatility

Nikola’s last week, last month’s, and last quarter’s current intraday variation average was a negative 3.61%, a negative 2.54%, and a positive 4.48%.

Nikola’s highest amplitude of average volatility was 6.50% (last week), 3.86% (last month), and 4.48% (last quarter).

More news about Nikola (NKLA).

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