Is Nxu Inc (NASDAQ: NXU) a Risk-Worthy Bet for Bold Investors?

In the last trading session, 0.24 million Nxu Inc (NASDAQ:NXU) shares changed hands as the company’s beta touched 2.51. With the company’s per share price at $0.39 changed hands at -$0.02 or -4.36% during last session, the market valuation stood at $4.65M. NXU’s last price was a discount, traded about -24515.38% off its 52-week high of $96.00. The share price had its 52-week low at $0.34, which suggests the last value was 12.82% up since then. When we look at Nxu Inc’s average trading volume, we note the 3-month average coming to 717.53K.

Nxu Inc (NASDAQ:NXU) trade information

Instantly NXU was in red as seen at the end of in last trading. With action -6.02%, the performance over the past five days has been red. The drop to weekly highs of 0.4447 subtracted -4.36% to the stock’s daily price. The company’s shares are showing year-to-date downside of -83.04%, with the 5-day performance at -6.02% in the red. However, in the 30-day time frame, Nxu Inc (NASDAQ:NXU) is -16.60% down.

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Nxu Inc (NXU) estimates and forecasts

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -28.28%. The 2024 estimates are for Nxu Inc earnings to increase by 97.42%.

NXU Dividends

Nxu Inc is expected to release its next quarterly earnings report in July.