Nikola Corp (NASDAQ:NKLA) currently has a daily average trading volume of 4.17M but it saw 6338542 shares traded in last market. With a market cap of 123.56M USD, the company’s current market price of $2.03 came rising about 6.28 while comparing to the previous closing price of $1.91. In past 52 weeks, the stock remained buoying in the range of price level as high as $34.50 and as low as $1.88. In the recent trading on the day, stock has struck highest price mark of $1.83 while lowest mark touched by it was $2.04.
Taking a look at 20-day trading activity of Nikola Corp (NKLA) gives us an average price of $3.1900, while its current price level is -94.12% below from 52-week high level whereas it is 8.27% 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 $4.0400 while that of 200 days or SMA-200 reads an average of $12.4500. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.59% during that period while stretching the period over a month that increases to 13.09%. 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 27.57 which implies that the stock is in oversold territory.
Over the week, NKLA’s stock price is moving -15.77% down while it is -48.87% when we observe its performance for the past one month. Year-to-date it is -92.26% down and over the past year, the stock is showing a downside performance of -92.77%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -3.3 beat the consensus estimate of -3.92 for the same. The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of -2.25 while estimate for next year EPS is -10.28. In next quarter, company is expected to be making quarterly sales of $56.81M as analysts are expecting the sales for current fiscal year at $111.76M and seeing the company making $376.57M in sales next year. Moreover, analysts are in estimates of $42.27M for current-quarter revenue.
Currently, Nikola Corp’s total number of outstanding shares is 60.87M with 4.05% of that held by the insiders while 24.73% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -96.75% and return on equity (ROE) at -129.17%. Stock’s beta reads 1.99. Stock has a price to book (P/B) ratio of 0.30 while price to sale or P/S ratio amounts to 1.64. Its return on asset (ROA) is -58.12% on average.
