For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Nxu Inc (NASDAQ: NXU) closed at $0.34 in the last session, down -5.63% from day before closing price of $0.36. In other words, the price has decreased by -$5.63 from its previous closing price. On the day, 3.81 million shares were traded.
Ratios:
We take a closer look at NXU’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.61 and its Current Ratio is at 0.61. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.02.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 18 ’24 when Billingsley Jessica sold 353,871 shares for $0.29 per share. The transaction valued at 103,189 led to the insider holds 443,787 shares of the business.
Ide Britt E sold 271,022 shares of NXU for $70,899 on Nov 19 ’24. The Director now owns 461,454 shares after completing the transaction at $0.26 per share. On Nov 18 ’24, another insider, Ide Britt E, who serves as the Director of the company, sold 68,978 shares for $0.31 each. As a result, the insider received 21,477 and left with 732,476 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 20.76 while its Price-to-Book (P/B) ratio in mrq is 1.21.
Stock Price History:
Over the past 52 weeks, NXU has reached a high of $2.25, while it has fallen to a 52-week low of $0.21. The 50-Day Moving Average of the stock is -22.99%, while the 200-Day Moving Average is calculated to be -11.29%.
Shares Statistics:
A total of 15.83M shares are outstanding, with a floating share count of 15.02M. Insiders hold about 5.18% of the company’s shares, while institutions hold 16.88% stake in the company.
