Nikola Corp (NASDAQ:NKLA) currently has a daily average trading volume of 7.44M but it saw 27305564 shares traded in last market. With a market cap of 107.76M USD, the company’s current market price of $1.19 came rising about 7.21 while comparing to the previous closing price of $1.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $34.50 and as low as $1.08. In the recent trading on the day, stock has struck highest price mark of $1.11 while lowest mark touched by it was $1.435.
Taking a look at 20-day trading activity of Nikola Corp (NKLA) gives us an average price of $1.3625, while its current price level is -96.55% below from 52-week high level whereas it is 10.19% 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 $2.3901 while that of 200 days or SMA-200 reads an average of $9.9036. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.00% during that period while stretching the period over a month that increases to 13.94%. 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 29.18 which implies that the stock is in oversold territory.
Over the week, NKLA’s stock price is moving 2.59% up while it is -40.80% when we observe its performance for the past one month. Year-to-date it is -95.47% down and over the past year, the stock is showing a downside performance of -95.47%.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of -2.06 while estimate for next year EPS is -9.53. In next quarter, company is expected to be making quarterly sales of $56.58M as analysts are expecting the sales for current fiscal year at $111.97M and seeing the company making $354.12M in sales next year. Moreover, analysts are in estimates of $40.86M for current-quarter revenue.
Currently, Nikola Corp’s total number of outstanding shares is 84.47M. 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 0.17 while price to sale or P/S ratio amounts to 1.43. Its return on asset (ROA) is -58.12% on average.
