Moreover, the 36-month beta value for NXU is 2.24. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for NXU is 11.64M and currently, short sellers hold a 4.48% of that float. On May 06, 2024, NXU’s average trading volume was 2.04M shares.
NXU) stock’s latest price update
The stock price of Nxu Inc (NASDAQ: NXU) has dropped by -10.46 compared to previous close of 0.55. Despite this, the company has seen a gain of 13.38% in its stock price over the last five trading days. InvestorPlace reported 2024-03-01 that Nxu (NASDAQ: NXU ) stock is taking off on Friday as investors celebrate news of the electric vehicle (EV) charging company reaching a new milestone. The big news here is Nxu successfully charging its first Tesla (NASDAQ: TSLA ) Cybertruck.
NXU’s Market Performance
Nxu Inc (NXU) has experienced a 13.38% rise in stock performance for the past week, with a -24.54% drop in the past month, and a -53.73% drop in the past quarter. The volatility ratio for the week is 12.97%, and the volatility levels for the past 30 days are at 11.03% for NXU. The simple moving average for the past 20 days is 2.05% for NXU’s stock, with a -96.49% simple moving average for the past 200 days.
NXU Trading at -25.86% from the 50-Day Moving Average
After a stumble in the market that brought NXU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.62% of loss for the given period.
Volatility was left at 11.03%, however, over the last 30 days, the volatility rate increased by 12.97%, as shares sank -22.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -44.27% lower at present.
During the last 5 trading sessions, NXU rose by +13.38%, which changed the moving average for the period of 200-days by -99.46% in comparison to the 20-day moving average, which settled at $0.4737. In addition, Nxu Inc saw -78.67% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NXU starting from Wyant Sarah, who sale 2,179 shares at the price of $2.19 back on Dec 31 ’23. After this action, Wyant Sarah now owns 108,948 shares of Nxu Inc, valued at $4,772 using the latest closing price.
GEM Global Yield LLC SCS, the 10% Owner of Nxu Inc, sale 2,357,502 shares at $0.34 during a trade that took place back on Nov 03 ’23, which means that GEM Global Yield LLC SCS is holding 17,999,785 shares at $791,649 based on the most recent closing price.
Stock Fundamentals for NXU
Current profitability levels for the company are sitting at:
- -36.61 for the present operating margin
- -1.07 for the gross margin
The net margin for Nxu Inc stands at -81.0. The total capital return value is set at -2.37. Equity return is now at value -11220.21, with -395.90 for asset returns.
Based on Nxu Inc (NXU), the company’s capital structure generated 0.19 points at debt to capital in total, while cash flow to debt ratio is standing at -17.92. The debt to equity ratio resting at 0.23. The interest coverage ratio of the stock is -248.75.
Currently, EBITDA for the company is -46.68 million with net debt to EBITDA at 0.03. When we switch over and look at the enterprise to sales, we see a ratio of 9.21. The receivables turnover for the company is 0.8for trailing twelve months and the total asset turnover is 0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.71.
Conclusion
To wrap up, the performance of Nxu Inc (NXU) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
