Nxu Inc (NASDAQ:NXU): Buy, Sell Or Hold At $0.23?

In recent trading session, Nxu Inc (NASDAQ:NXU) saw 0.9 million shares changing hands at last check today with its beta currently measuring -2.60. Company’s recent per share price level of $0.23 trading at -$0.01 or -1.92% at last check today assigns it a market valuation of $5.74M. That most recent trading price of NXU’s stock is at a discount of -878.26% from its 52-week high price of $2.25 and is indicating a premium of 8.7% from its 52-week low price of $0.21. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.25 million shares which gives us an average trading volume of 12.47 million if we extend that period to 3-months.

Nxu Inc (NASDAQ:NXU) trade information

Upright in the red during last session for losing -1.92%, in the last five days NXU remained trading in the red while hitting it’s week-highest on Friday, 01/24/25 when the stock touched $0.23 price level, adding 66.15% to its value on the day. Nxu Inc’s shares saw a change of -77.83% in year-to-date performance and have moved -57.53% in past 5-day. Nxu Inc (NASDAQ:NXU) showed a performance of -3.45% in past 30-days. Number of shares sold short was 1.77 million shares which calculate 0.1 days to cover the short interests.

Nxu Inc (NXU) estimates and forecasts

This year revenue growth is estimated to fall -100.00% from the last financial year’s standing.

Company posted 379k and 4k of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -28.28% during past 5 years.

Nxu Inc (NASDAQ:NXU)’s Major holders

Insiders are in possession of 2.99% of company’s total shares while institution are holding 1.85 percent of that, with stock having share float percentage of 1.91%. Investors also watch the number of corporate investors in a company very closely, which is 1.85% institutions for Nxu Inc that are currently holding shares of the company.

On the other hand, Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Oct 31, 2024, the former fund manager was holding 65.87 shares of worth $15360.0 or 0.42% of the total outstanding shares. The later fund manager was in possession of 8.13 shares on Sep 30, 2024, making its stake of worth around $1895.0 in the company or a holder of 0.05% of company’s stock.