Nxu Inc (NXU): Uncovering A True Diamond In The Rough

Nxu Inc (NASDAQ:NXU) currently has a daily average trading volume of 17.08M but it saw 6869606 shares traded in last market. With a market cap of 15.88M USD, the company’s current market price of $0.94 came falling about -11.32 while comparing to the previous closing price of $1.06. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.25 and as low as $0.21. In the recent trading on the day, stock has struck highest price mark of $0.82 while lowest mark touched by it was $1.03.

Taking a look at 20-day trading activity of Nxu Inc (NXU) gives us an average price of $0.3785, while its current price level is -58.22% below from 52-week high level whereas it is 349.98% 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 $0.3824 while that of 200 days or SMA-200 reads an average of $0.3962. A closer look into the stock’s movement over the week reveals that its volatility is standing at 92.14% during that period while stretching the period over a month that decreases to 28.14%. 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 65.28 which implies that the stock is in neutral territory.

Over the week, NXU’s stock price is moving 316.11% up while it is 242.44% when we observe its performance for the past one month. Year-to-date it is -11.32% down and over the past year, the stock is showing a downside performance of -54.37%.

Currently, Nxu Inc’s total number of outstanding shares is 15.83M. Company’s return on investment (ROI) stands at -594.34% and return on equity (ROE) at -640.34%. Stock’s beta reads -2.49. Stock has a price to book (P/B) ratio of 3.35 while price to sale or P/S ratio amounts to 39.70. Its return on asset (ROA) is -243.86% on average.