Why Should You Invest In Nxu Inc (NASDAQ: NXU)?

In the last trading session, 4.68 million Nxu Inc (NASDAQ:NXU) shares changed hands as the company’s beta touched -2.65. With the company’s per share price at $0.28 changed hands at -$0.03 or -9.95% during last session, the market valuation stood at $6.74M. NXU’s last price was a discount, traded about -703.57% off its 52-week high of $2.25. The share price had its 52-week low at $0.21, which suggests the last value was 25.0% up since then.

Nxu Inc (NASDAQ:NXU) trade information

Instantly NXU was in red as seen at the end of in last trading. With action -22.33%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -73.97%, with the 5-day performance at -22.33% in the red. However, in the 30-day time frame, Nxu Inc (NASDAQ:NXU) is -50.14% down.

Nxu Inc (NXU) estimates and forecasts

Year-over-year growth is forecast to reach -100.00% down from the last financial year.

The company’s revenue for the corresponding quarters a year ago was 379k and 4k respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -100.00%. The estimates for the next quarter sales put growth at -100.00%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -28.28%. The 2025 estimates are for Nxu Inc earnings to increase by 98.07%.