Is Nikola Corp (NASDAQ: NKLA) Expensive At $0.64? Check These Facts.

Nikola Corp (NASDAQ:NKLA)’s traded shares stood at 61.08 million during the last session, with the company’s beta value hitting 2.08. At the close of trading, the stock’s price was $0.64, to imply a decrease of -3.26% or -$0.03 in intraday trading. The NKLA share’s 52-week high remains $3.71, putting it -479.69% down since that peak but still an impressive 18.75% since price per share fell to its 52-week low of $0.52. The company has a valuation of $859.34M, with an average of 97.18 million shares over the past 3 months.

Nikola Corp (NASDAQ:NKLA) trade information

After registering a -3.26% downside in the last session, Nikola Corp (NKLA) has traded red over the past five days. The stock hit a weekly high of 0.9393, dropping -3.26% in its intraday price action. The 5-day price performance for the stock is -34.25%, and 6.68% over 30 days. With these gigs, the year-to-date price performance is -26.45%.

Nikola Corp (NKLA) estimates and forecasts

Looking at statistics comparing Nikola Corp share performance against respective industry, we note that the company has outperformed competitors. Nikola Corp (NKLA) shares are -47.26% down over the last 6 months, with its year-to-date growth rate higher than industry average at 46.84% against 11.00%.

NKLA Dividends

Nikola Corp has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Nikola Corp has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.