In today’s recent session, 1.81 million shares of the Nxu Inc (NASDAQ:NXU) have been traded, and its beta is 1.78. Most recently the company’s share price was $0.55, and it changed around -$0.07 or -10.99% from the last close, which brings the market valuation of the company to $6.55M. NXU at last check was trading at a discount to its 52-week high of $5.97, offering almost -985.45% off that amount. The share price’s 52-week low was $0.21, which indicates that the recent value has risen by an impressive 61.82% since then. We note from Nxu Inc’s average daily trading volume that its 10-day average is 40.31 million shares, with the 3-month average coming to 6.44 million.
Nxu Inc stock received a consensus recommendation rating of Hold, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended NXU as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Nxu Inc is expected to report earnings per share of -0.3 for the current quarter.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Nxu Inc (NASDAQ:NXU) trade information
Instantly NXU has been showing red trend so far today with a performance of -10.99% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.9400 on recent trading dayincreased the stock’s daily price by 41.49%. The company’s shares are currently down -76.13% year-to-date, but still up 95.37% over the last five days. On the other hand, Nxu Inc (NASDAQ:NXU) is 132.04% up in the 30-day period. We can see from the shorts that 0.44 million shares have been sold at a short interest cover period of 0.97 day(s).
Nxu Inc (NXU) estimates and forecasts
Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 99.10% in revenue this quarter, and will report an increase of 99.70% in the next quarter.
The company’s sales for the same quarters a year ago were 117k and 379k respectively.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -28.28%.
NXU Dividends
Nxu Inc’s next quarterly earnings report is expected to be released on 2024-Aug-06.
Nxu Inc (NASDAQ:NXU)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 2.99% of Nxu Inc shares, and 1.86% of them are in the hands of institutional investors. The stock currently has a share float of 1.92%.
