Nikola Corp (NASDAQ:NKLA)’s traded shares stood at 2.7 million during the last session, with the company’s beta value hitting 1.97. At the close of trading, the stock’s price was $1.15, to imply a decrease of -0.86% or -$0.01 in intraday trading. The NKLA share’s 52-week high remains $34.50, putting it -2900.0% down since that peak but still an impressive 2.61% since price per share fell to its 52-week low of $1.12. The company has a valuation of $96.30M, with an average of 11.34 million shares in intraday trading volume over the past 10 days and average of 7.07 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Nikola Corp (NKLA), translating to a mean rating of 3.00. Of 9 analyst(s) looking at the stock, 0 analyst(s) give NKLA a Sell rating. 1 of those analysts rate the stock as Overweight while 3 advise Hold as 5 recommend it as a Buy.
Nikola Corp (NASDAQ:NKLA) trade information
After registering a -0.86% downside in the last session, Nikola Corp (NKLA) has traded red over the past five days. The 5-day price performance for the stock is -4.97%, and -43.07% over 30 days. With these gigs, the year-to-date price performance is -95.62%. Short interest in Nikola Corp (NASDAQ:NKLA) saw shorts transact 13.51 million shares and set a 1.97 days time to cover.
The extremes give us $12 and $14 for target low and target high price respectively. As such, NKLA has been trading -1117.39% off suggested target high and -943.48% from its likely low.
NKLA Dividends
Nikola Corp 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.
Nikola Corp (NASDAQ:NKLA)’s Major holders
Nikola Corp insiders hold 2.92% of total outstanding shares, with institutional holders owning 17.75% of the shares at 18.28% float percentage. In total, 17.75% institutions holds shares in the company, led by ALPS ADVISORS INC. As of 2024-06-30, the company held over 98904.0 shares (or 0.0074% of shares), all amounting to roughly $0.81 million.
The next major institution holding the largest number of shares is with 16826.0 shares, or about 0.0013% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $10826.0.
