Nikola Corp (NASDAQ:NKLA) has a beta value of 1.99 and has seen 27.88 million shares traded in the last trading session. The NKLA stock price is -2056.25% off its 52-week high price of $34.50 and 32.5% above the 52-week low of $1.08. If we look at the company’s 10-day average daily trading volume, we find that it stood at 15.81 million shares traded. The 3-month trading volume is 8.50 million shares.
The consensus among analysts is that Nikola Corp (NKLA) is Buy stock at the moment, with a recommendation rating of 3.00. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 3 out of 9 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight.
Nikola Corp (NASDAQ:NKLA) trade information
Over the past 30 days, the shares of Nikola Corp (NASDAQ:NKLA) have changed -9.09%. Short interest in the company has seen 20.84 million shares shorted with days to cover at 2.17.
Wall Street analysts have a consensus price target for the stock at $12, which means that the shares’ value could jump 86.67% from current levels. The projected low price target is $12.0 while the price target rests at a high of $12.0. In that case, then, we find that the current price level is -650.0% off the targeted high while a plunge would see the stock gain -650.0% from current levels.
Nikola Corp (NKLA) estimates and forecasts
The company’s shares have lost -84.75% over the past 6 months.
NKLA Dividends
Nikola Corp is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Nikola Corp (NASDAQ:NKLA)’s Major holders
Insiders own 2.92% of the company shares, while shares held by institutions stand at 17.74% with a share float percentage of 18.28%. Investors are also buoyed by the number of investors in a company, with Nikola Corp having a total of 208.0 institutions that hold shares in the company. The top two institutional holders are ALPS ADVISORS INC with over 98904.0 shares worth more than $0.81 million. As of 2024-06-30, ALPS ADVISORS INC held 0.0074% of shares outstanding.
The other major institutional holder is , with the holding of over 16826.0 shares as of 2024-06-30. The firm’s total holdings are worth over $10826.0 and represent 0.0013% of shares outstanding.
