Nikola Corp (NASDAQ:NKLA) currently has a daily average trading volume of 18.70M but it saw 37115204 shares traded in last market. With a market cap of 37.18M USD, the company’s current market price of $0.44 came falling about -5.60 while comparing to the previous closing price of $0.47. In past 52 weeks, the stock remained buoying in the range of price level as high as $34.50 and as low as $0.35.
Taking a look at 20-day trading activity of Nikola Corp (NKLA) gives us an average price of $0.7010, while its current price level is -98.72% below from 52-week high level whereas it is 25.74% 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 $1.0585 while that of 200 days or SMA-200 reads an average of $6.3333. A closer look into the stock’s movement over the week reveals that its volatility is standing at 33.96% during that period while stretching the period over a month that decreases to 21.49%. 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 35.97 which implies that the stock is in neutral territory.
Over the week, NKLA’s stock price is moving -36.43% down while it is -63.78% when we observe its performance for the past one month. Year-to-date it is -63.02% down and over the past year, the stock is showing a downside performance of -98.02%.
The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of -2.24 while estimate for next year EPS is -8.97. In next quarter, company is expected to be making quarterly sales of $59.92M as analysts are expecting the sales for current fiscal year at $114.1M and seeing the company making $373.8M in sales next year. Moreover, analysts are in estimates of $42.64M for current-quarter revenue.
Currently, Nikola Corp’s total number of outstanding shares is 84.47M with 3.19% of that held by the insiders while 37.55% 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 2.09. Stock has a price to book (P/B) ratio of 0.06 while price to sale or P/S ratio amounts to 0.49. Its return on asset (ROA) is -58.12% on average.
