The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
Nxu Inc (NASDAQ: NXU) closed the day trading at $0.25 down -7.35% from the previous closing price of $0.27. In other words, the price has decreased by -$7.35 from its previous closing price. On the day, 0.55 million shares were traded. NXU stock price reached its highest trading level at $0.2599 during the session, while it also had its lowest trading level at $0.23.
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 08 ’24 when Wyant Sarah sold 22,820 shares for $0.36 per share. The transaction valued at 8,220 led to the insider holds 16,600 shares of the business.
Billingsley Jessica bought 14,455 shares of NXU for $3,668 on Nov 22 ’24. On Nov 18 ’24, another insider, Pratt Annie, who serves as the President of the company, sold 109,312 shares for $0.29 each. As a result, the insider received 31,744 and left with 155,343 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 4221551 and an Enterprise Value of 2226506. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.96 while its Price-to-Book (P/B) ratio in mrq is 0.88. 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 $5.68, while it has fallen to a 52-week low of $0.21. The 50-Day Moving Average of the stock is -25.73%, while the 200-Day Moving Average is calculated to be -43.45%.
Shares Statistics:
Over the past 3-months, NXU traded about 6.95M shares per day on average, while over the past 10 days, NXU traded about 343220 shares per day. A total of 15.83M shares are outstanding, with a floating share count of 15.48M. Insiders hold about 2.22% of the company’s shares, while institutions hold 1.16% stake in the company. Shares short for NXU as of 1730332800 were 1772285 with a Short Ratio of 0.06, compared to 1727654400 on 212261. Therefore, it implies a Short% of Shares Outstanding of 1772285 and a Short% of Float of 15.310000000000002.
