(VIANEWS) – Shares of Nikola (NASDAQ: NKLA) fell 8.16% to $3.60 at 11:13 EST on Wednesday, following the last session’s upward trend. NASDAQ is sliding 1.81% to $10,973.69, after two consecutive sessions in a row of gains. This seems, as yet, an all-around negative trend exchanging session today.

Nikola’s last close was $3.92, 74.81% below its 52-week high of $15.56.

About Nikola

Nikola Corporation is a technology integrator and innovator that develops energy and transport solutions. The company operates via two business units: Truck and Energy. The truck business unit designs and sells semi-trucks that are battery-electric or hydrogen-electric. Energy is responsible for developing and constructing a network hydrogen fueling stations. It also offers charging options for FCEV, BEV, and other customers. In collaboration with suppliers and business partners, the company also builds, integrates and commissions vehicles. Nikola Corporation has its headquarters 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 -94.26%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,

Nikola’s stock is considered to be oversold (<=20).

Volume

Today’s last reported volume for Nikola is 3618546 which is 68.55% below its average volume of 11508200.

Moving Average

Nikola’s value is way below its 50-day moving average of $5.70 and way under its 200-day moving average of $7.15.

Yearly Top and Bottom Value

Nikola’s stock is valued at $3.60 at 11:25 EST, way under its 52-week high of $15.56 and above its 52-week low of $3.51.

More news about Nikola (NKLA).

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