Nikola Stock Slides 9% So Far On Monday, Underperforms Market

(VIANEWS) – Shares of Nikola (NASDAQ: NKLA) fell 9.72% to $0.83 at 14:20 EST on Monday, following the last session’s upward trend. NASDAQ is dropping 0.64% to $11,995.46, following the last session’s upward trend. This seems, so far, a somewhat down trend exchanging session today.

Nikola’s last close was $0.92, 89.71% 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 $-1.66.

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%.

Moving Average

Nikola’s value is way under its 50-day moving average of $1.87 and way below its 200-day moving average of $3.46.

More news about Nikola (NKLA).

Leave a Reply

Your email address will not be published. Required fields are marked *