Nikola Corp (NASDAQ:NKLA) currently has a daily average trading volume of 9.94M but it saw 6383668 shares traded in last market. With a market cap of 102.21M USD, the company’s current market price of $1.21 came falling about -1.63 while comparing to the previous closing price of $1.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $34.50 and as low as $1.07. In the recent trading on the day, stock has struck highest price mark of $1.195 while lowest mark touched by it was $1.28.
Taking a look at 20-day trading activity of Nikola Corp (NKLA) gives us an average price of $1.2360, while its current price level is -96.49% below from 52-week high level whereas it is 13.08% 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 $1.7998 while that of 200 days or SMA-200 reads an average of $8.8136. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.42% during that period while stretching the period over a month that increases to 14.56%. 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 39.66 which implies that the stock is in neutral territory.
Over the week, NKLA’s stock price is moving -0.82% down while it is -15.38% when we observe its performance for the past one month. Year-to-date it is 1.68% up and over the past year, the stock is showing a downside performance of -93.68%.
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 with 2.92% of that held by the insiders while 18.60% 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 2.00. Stock has a price to book (P/B) ratio of 0.18 while price to sale or P/S ratio amounts to 1.35. Its return on asset (ROA) is -58.12% on average.
