Nikola Stock Went Down By Over 20% In The Last 10 Sessions

(VIANEWS) – Shares of Nikola (NASDAQ: NKLA) dropped by a staggering 20.11% in 10 sessions from $0.91 at 2023-05-04, to $0.73 at 12:37 EST on Thursday, following the last session’s upward trend. NASDAQ is rising 0.94% to $12,618.09, following the last session’s upward trend.

Nikola’s last close was $0.74, 91.77% 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 $-1.71.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 16% and 35.7%, respectively.

Moving Average

Nikola’s value is way below its 50-day moving average of $1.25 and way under its 200-day moving average of $3.00.

Volatility

Nikola’s last week, last month’s, and last quarter’s current intraday variation average was a negative 3.06%, a negative 1.52%, and a positive 5.43%.

Nikola’s highest amplitude of average volatility was 5.44% (last week), 5.23% (last month), and 5.43% (last quarter).

More news about Nikola (NKLA).

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