Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
Nxu Inc (NASDAQ: NXU) closed the day trading at $0.61 down -11.20% from the previous closing price of $0.69. In other words, the price has decreased by -$11.20 from its previous closing price. On the day, 0.86 million shares were traded. NXU stock price reached its highest trading level at $0.6771 during the session, while it also had its lowest trading level at $0.6001.
Ratios:
For a better understanding of NXU, let’s look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 19 ’24 when Ide Britt E sold 271,022 shares for $0.26 per share. The transaction valued at 70,899 led to the insider holds 461,454 shares of the business.
Ide Britt E sold 68,978 shares of NXU for $21,477 on Nov 18 ’24. The Director now owns 732,476 shares after completing the transaction at $0.31 per share. On Nov 21 ’24, another insider, Ide Britt E, who serves as the Director of the company, sold 21,700 shares for $0.26 each. As a result, the insider received 5,542 and left with 439,754 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NXU now has a Market Capitalization of 14283919 and an Enterprise Value of 2226506. For the stock, the TTM Price-to-Sale (P/S) ratio is 25.78 while its Price-to-Book (P/B) ratio in mrq is 2.17. Its current Enterprise Value per Revenue stands at 4.392 whereas that against EBITDA is -0.075.
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 43.08%, while the 200-Day Moving Average is calculated to be 52.92%.
Shares Statistics:
Over the past 3-months, NXU traded about 18.30M shares per day on average, while over the past 10 days, NXU traded about 69660100 shares per day. A total of 15.83M shares are outstanding, with a floating share count of 14.22M. Insiders hold about 10.20% of the company’s shares, while institutions hold 15.69% stake in the company. Shares short for NXU as of 1730332800 were 1772285 with a Short Ratio of 0.20, compared to 1727654400 on 212261. Therefore, it implies a Short% of Shares Outstanding of 1772285 and a Short% of Float of 15.310000000000002.
