Nxu Inc (NASDAQ: NXU): A Good Investment At Current Prices?

Nxu Inc (NASDAQ:NXU)’s traded shares stood at 0.44 million during the latest session, with the company’s beta value hitting 0.86. At the last check today, the stock’s price was $0.26, to imply a decrease of -2.93% or -$0.01 in intraday trading. The NXU share’s 52-week high remains $5.68, putting it -2084.62% down since that peak but still an impressive 19.23% since price per share fell to its 52-week low of $0.21. The company has a valuation of $4.17M, with an average of 0.34 million shares in intraday trading volume over the past 10 days and average of 6.95 million shares over the past 3 months.

Nxu Inc (NASDAQ:NXU) trade information

After registering a -2.93% downside in the latest session, Nxu Inc (NXU) has traded red over the past five days. The 5-day price performance for the stock is -2.49%, and -53.87% over 30 days. With these gigs, the year-to-date price performance is -88.75%. Short interest in Nxu Inc (NASDAQ:NXU) saw shorts transact 1.77 million shares and set a 0.1 days time to cover.

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Nxu Inc (NXU) estimates and forecasts

The rating firms project that company’s revenue will shrink -100.00% compared to the previous financial year.

Earnings reports from the last fiscal year show that sales brought in 379k and 4k respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -100.00% before dropping -100.00% in the following quarter.

NXU Dividends

Nxu Inc has its next earnings report out in January. 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.

Nxu Inc (NASDAQ:NXU)’s Major holders

Nxu Inc insiders hold 2.99% of total outstanding shares, with institutional holders owning 1.85% of the shares at 1.91% float percentage. In total, 1.85% institutions holds shares in the company.