Nikola Corp (NASDAQ:NKLA) currently has a daily average trading volume of 12.41M but it saw 12428991 shares traded in last market. With a market cap of 68.33M USD, the company’s current market price of $0.81 came rising about 5.11 while comparing to the previous closing price of $0.77. In past 52 weeks, the stock remained buoying in the range of price level as high as $34.50 and as low as $0.76. In the recent trading on the day, stock has struck highest price mark of $0.75 while lowest mark touched by it was $0.869.
Taking a look at 20-day trading activity of Nikola Corp (NKLA) gives us an average price of $1.1491, while its current price level is -97.66% below from 52-week high level whereas it is 6.43% 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 $1.4232 while that of 200 days or SMA-200 reads an average of $7.6213. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.58% during that period while stretching the period over a month that increases to 16.22%. 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 33.00 which implies that the stock is in neutral territory.
Over the week, NKLA’s stock price is moving -4.27% down while it is -29.66% when we observe its performance for the past one month. Year-to-date it is -32.03% down and over the past year, the stock is showing a downside performance of -96.61%.
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 -9.41. 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 19.01% 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 1.96. Stock has a price to book (P/B) ratio of 0.12 while price to sale or P/S ratio amounts to 0.90. Its return on asset (ROA) is -58.12% on average.
