Nxu Inc (NXU) At $0.27 Offering A Unique Opportunity

Nxu Inc (NASDAQ:NXU) currently has a daily average trading volume of 20.72M but it saw 1043185 shares traded in last market. With a market cap of 6.66M USD, the company’s current market price of $0.27 came falling about -1.62 while comparing to the previous closing price of $0.28. 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.

Taking a look at 20-day trading activity of Nxu Inc (NXU) gives us an average price of $0.3173, while its current price level is -87.89% below from 52-week high level whereas it is 30.45% 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 $0.4465 while that of 200 days or SMA-200 reads an average of $0.3779. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.08% during that period while stretching the period over a month that increases to 25.91%. 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 42.07 which implies that the stock is in neutral territory.

Over the week, NXU’s stock price is moving -17.42% down while it is 9.00% when we observe its performance for the past one month. Year-to-date it is -74.29% down and over the past year, the stock is showing a downside performance of -70.70%.

The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of -0.2 while estimate for next year EPS is -1.89.

Currently, Nxu Inc’s total number of outstanding shares is 15.83M with 31.82% of that held by the insiders while 2.96% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -594.34% and return on equity (ROE) at -640.34%. Stock’s beta reads -2.58. Stock has a price to book (P/B) ratio of 0.97 while price to sale or P/S ratio amounts to 16.65. Its return on asset (ROA) is -243.86% on average.