(VIANEWS) – The NASDAQ ended the session with Nikola rising 12.07% to $2.28 on Wednesday, after two consecutive sessions in a row of losses. NASDAQ dropped 0.12% to $14,127.28, after two consecutive sessions in a row of gains, on what was a somewhat bearish trend exchanging session today.
Nikola’s last close was $2.03, 77.37% 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 $-1.4.
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%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 12% and 35.7%, respectively.
Sales Growth
Nikola’s sales growth is negative 14.9% for the ongoing quarter and 37.9% for the next.
Yearly Top and Bottom Value
Nikola’s stock is valued at $2.28 at 18:08 EST, way below its 52-week high of $8.97 and way above its 52-week low of $0.52.
Revenue Growth
Year-on-year quarterly revenue growth grew by 489.1%, now sitting on 60.05M for the twelve trailing months.
More news about Nikola (NKLA).
