Nikola Stock Went Down By Over 28% In The Last 21 Sessions

(VIANEWS) – Shares of Nikola (NASDAQ: NKLA) dropped by a staggering 28.24% in 21 sessions from $1.7 at 2023-03-17, to $1.22 at 10:45 EST on Friday, following the last session’s upward trend. NASDAQ is jumping 0.76% to $12,087.96, after three sequential sessions in a row of losses.

Nikola’s last close was $1.22, 89.72% 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 $-1.9.

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%.

Moving Average

Nikola’s worth is way under its 50-day moving average of $2.25 and way under its 200-day moving average of $3.77.

Volatility

Nikola’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.29%, a negative 2.51%, and a positive 4.67%.

Nikola’s highest amplitude of average volatility was 5.54% (last week), 5.85% (last month), and 4.67% (last quarter).

Sales Growth

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

Volume

Today’s last reported volume for Nikola is 12591715 which is 12.33% below its average volume of 14363800.

More news about Nikola (NKLA).

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