Nikola Corp (NASDAQ:NKLA) currently has a daily average trading volume of 3.67M but it saw 19394251 shares traded in last market. With a market cap of 146.69M USD, the company’s current market price of $2.41 came falling about -22.76 while comparing to the previous closing price of $3.12. In past 52 weeks, the stock remained buoying in the range of price level as high as $34.80 and as low as $2.91. In the recent trading on the day, stock has struck highest price mark of $2.16 while lowest mark touched by it was $3.17.
Taking a look at 20-day trading activity of Nikola Corp (NKLA) gives us an average price of $3.70, while its current price level is -93.07% below from 52-week high level whereas it is -17.18% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $4.35 while that of 200 days or SMA-200 reads an average of $12.93. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.53% during that period while stretching the period over a month that decreases to 11.82%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 28.60 which implies that the stock is in oversold territory.
Over the week, NKLA’s stock price is moving -21.75% down while it is -42.07% when we observe its performance for the past one month. Year-to-date it is -90.82% down and over the past year, the stock is showing a downside performance of -92.63%.
Currently, Nikola Corp’s total number of outstanding shares is 60.87M. Company’s return on investment (ROI) stands at -96.75% and return on equity (ROE) at -129.17%. Stock’s beta reads 2.02. Stock has a price to book (P/B) ratio of 0.35 while price to sale or P/S ratio amounts to 1.94. Its return on asset (ROA) is -58.12% on average.
