How To Know If Nxu Inc (NASDAQ:NXU) Is Expensive At $0.42.

In recent trading session, Nxu Inc (NASDAQ:NXU) saw 3.56 million shares changing hands at last check today with its beta currently measuring 2.47. Company’s recent per share price level of $0.42 trading at $0.02 or 4.87% at last check today assigns it a market valuation of $5.00M. That most recent trading price of NXU’s stock is at a discount of -26614.29% from its 52-week high price of $112.20 and is indicating a premium of 19.05% from its 52-week low price of $0.34. Taking a look at company’s average trading volume volume of 665.04K if we extend that period to 3-months.

Nxu Inc (NASDAQ:NXU) trade information

Upright in the green today for gaining 4.87%, in the last five days NXU remained trading in the red while hitting it’s week-highest on Friday, 06/07/24 when the stock touched $0.42 price level, adding 6.67% to its value on the day. Nxu Inc’s shares saw a change of -81.76% in year-to-date performance and have moved -6.57% in past 5-day. Nxu Inc (NASDAQ:NXU) showed a performance of -8.45% in past 30-days.

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Nxu Inc (NXU) estimates and forecasts

This year revenue growth is estimated to rise 222.60% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 400k for the same. And 1 analysts are in estimates of company making revenue of 500k in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -28.28% during past 5 years.

NXU Dividends

Nxu Inc is more likely to be releasing its next quarterly report in July and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.