The stock of Nxu Inc (NXU) has seen a -40.20% decrease in the past week, with a 156.30% gain in the past month, and a 143.90% flourish in the past quarter. The volatility ratio for the week is 19.47%, and the volatility levels for the past 30 days are at 34.50% for NXU. The simple moving average for the past 20 days is 8.03% for NXU’s stock, with a 52.92% simple moving average for the past 200 days.
Is It Worth Investing in Nxu Inc (NASDAQ: NXU) Right Now?
Additionally, the 36-month beta value for NXU is -2.29. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for NXU is 14.22M and currently, short sellers hold a 26.27% ratio of that float. The average trading volume of NXU on January 15, 2025 was 18.30M shares.
NXU) stock’s latest price update
Nxu Inc (NASDAQ: NXU)’s stock price has dropped by -11.20 in relation to previous closing price of 0.69. Nevertheless, the company has seen a loss of -40.20% in its stock price over the last five trading days. 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 Trading at 43.08% 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 -72.89% of loss for the given period.
Volatility was left at 34.50%, however, over the last 30 days, the volatility rate increased by 19.47%, as shares surge +160.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.11% upper at present.
During the last 5 trading sessions, NXU fell by -40.20%, which changed the moving average for the period of 200-days by -12.61% in comparison to the 20-day moving average, which settled at $0.5647. In addition, Nxu Inc saw -42.45% 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 Ide Britt E, who sale 271,022 shares at the price of $0.26 back on Nov 19 ’24. After this action, Ide Britt E now owns 461,454 shares of Nxu Inc, valued at $70,899 using the latest closing price.
Ide Britt E, the Director of Nxu Inc, sale 68,978 shares at $0.31 during a trade that took place back on Nov 18 ’24, which means that Ide Britt E is holding 732,476 shares at $21,477 based on the most recent closing price.
Stock Fundamentals for NXU
Current profitability levels for the company are sitting at:
- -52.24 for the present operating margin
- -1.55 for the gross margin
The net margin for Nxu Inc stands at -105.76. The total capital return value is set at 0.33. 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 0.1 points at debt to capital in total, while cash flow to debt ratio is standing at -37.13.
Currently, EBITDA for the company is -39.42 million with net debt to EBITDA at 0.1. When we switch over and look at the enterprise to sales, we see a ratio of 21.43. The receivables turnover for the company is 0.81for trailing twelve months and the total asset turnover is 0.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.61.
Conclusion
In conclusion, Nxu Inc (NXU) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. 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.
