Nxu Inc. (NXU) Is Down -58.60%, As Bears Mark A Loss

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Nxu Inc (NASDAQ:NXU) has a beta value of -2.60 and has seen 13.83 million shares traded in the last trading session. The company, currently valued at $4.31M, closed the last trade at $0.25 per share which meant it lost -$0.37 on the day or -58.60% during that session. The NXU stock price is -800.0% off its 52-week high price of $2.25 and 16.0% above the 52-week low of $0.21. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.28 million shares traded. The 3-month trading volume is 12.32 million shares.

Nxu Inc (NASDAQ:NXU) trade information

Sporting -58.60% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the NXU stock price touched $0.25 or saw a rise of 63.21%. Year-to-date, Nxu Inc shares have moved -75.94%, while the 5-day performance has seen it change -53.64%. Over the past 30 days, the shares of Nxu Inc (NASDAQ:NXU) have changed 12.83%. Short interest in the company has seen 1.77 million shares shorted with days to cover at 0.1.

Nxu Inc (NXU) estimates and forecasts

The company’s shares have lost -33.94% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -100.00%.

Year-ago sales stood 379k and 4k respectively for this quarter and the next, and analysts expect sales will shrink by -100.00% for the current quarter and -100.00% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -28.28% over the past 5 years.

NXU Dividends

Nxu Inc 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.

Nxu Inc (NASDAQ:NXU)’s Major holders

Insiders own 2.99% of the company shares, while shares held by institutions stand at 1.85% with a share float percentage of 1.91%. Investors are also buoyed by the number of investors in a company, with Nxu Inc having a total of 16.0 institutions that hold shares in the company.

Also the top two Mutual Funds that are holding company’s shares are Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund . As of Nov 30, 2024 , the former fund manager holds about 0.41% shares in the company for having 65.44 shares of worth $16686.0 while later fund manager owns 8.13 shares of worth $2072.0 as of Sep 30, 2024 , which makes it owner of about 0.05% of company’s outstanding stock.