Company’s 36-month beta value is 1.18.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for NXU is 11.57M, and currently, short sellers hold a 15.32% ratio of that floaft. The average trading volume of NXU on November 19, 2024 was 6.78M shares.
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NXU) stock’s latest price update
Nxu Inc (NASDAQ: NXU) has seen a decline in its stock price by -12.27 in relation to its previous close of 0.33. However, the company has experienced a -25.41% decline in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-05 that NEW YORK, Nov. 05, 2024 (GLOBE NEWSWIRE) — Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Nxu, Inc., (NASDAQ: NXU ), relating to a proposed merger with Verde Bioresins, Inc. Under the terms of the agreement, Nxu will acquire all of the issued and outstanding common shares of Verde in an all-stock transaction.
NXU’s Market Performance
NXU’s stock has fallen by -25.41% in the past week, with a monthly rise of 8.43% and a quarterly drop of -10.15%. The volatility ratio for the week is 15.75% while the volatility levels for the last 30 days are 21.76% for Nxu Inc The simple moving average for the last 20 days is -35.22% for NXU stock, with a simple moving average of -39.55% for the last 200 days.
NXU Trading at -11.84% 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 -94.91% of loss for the given period.
Volatility was left at 21.76%, however, over the last 30 days, the volatility rate increased by 15.75%, as shares surge +3.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.93% upper at present.
During the last 5 trading sessions, NXU fell by -25.41%, which changed the moving average for the period of 200-days by -72.69% in comparison to the 20-day moving average, which settled at $0.4469. In addition, Nxu Inc saw -87.41% 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 Billingsley Jessica, who proposed sale 353,871 shares at the price of $0.29 back on Nov 18 ’24. After this action, Billingsley Jessica now owns shares of Nxu Inc, valued at $103,182 using the latest closing price.
Hanchett Mark, the Officer of Nxu Inc, proposed sale 270,160 shares at $0.35 during a trade that took place back on Nov 19 ’24, which means that Hanchett Mark is holding shares at $94,000 based on the most recent closing price.
Stock Fundamentals for NXU
Current profitability levels for the company are sitting at:
- -28.12 for the present operating margin
- 0.36 for the gross margin
The net margin for Nxu Inc stands at -26.36. The total capital return value is set at -0.25. Equity return is now at value -640.34, with -243.86 for asset returns.
Based on Nxu Inc (NXU), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -55.24. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 1039.28.
Currently, EBITDA for the company is -39.42 million with net debt to EBITDA at 1.24. When we switch over and look at the enterprise to sales, we see a ratio of -29.75. The receivables turnover for the company is 0.45for trailing twelve months and the total asset turnover is 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.61.
Conclusion
In a nutshell, Nxu Inc (NXU) has experienced a bad performance in recent times. The stock has received mixed “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.
