NWTN Inc’s Market Journey: Closing Strong at 1.33, Up 22.02

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

The closing price of NWTN Inc (NASDAQ: NWTN) was $1.33 for the day, up 22.02% from the previous closing price of $1.09. In other words, the price has increased by $22.02 from its previous closing price. On the day, 4.24 million shares were traded. NWTN stock price reached its highest trading level at $1.74 during the session, while it also had its lowest trading level at $1.12.

Ratios:

Our analysis of NWTN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.29 and its Current Ratio is at 0.32.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NWTN now has a Market Capitalization of 388626016 and an Enterprise Value of 403577600. For the stock, the TTM Price-to-Sale (P/S) ratio is 32.41. Its current Enterprise Value per Revenue stands at 33.645 whereas that against EBITDA is -4.266.

Stock Price History:

The Beta on a monthly basis for NWTN is 1.39, which has changed by 0.41489363 over the last 52 weeks, in comparison to a change of 0.15366066 over the same period for the S&P500. Over the past 52 weeks, NWTN has reached a high of $3.48, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is -24.74%, while the 200-Day Moving Average is calculated to be 33.72%.

Shares Statistics:

NWTN traded an average of 1.22M shares per day over the past three months and 619220 shares per day over the past ten days. A total of 252.92M shares are outstanding, with a floating share count of 175.09M. Insiders hold about 40.08% of the company’s shares, while institutions hold 0.16% stake in the company. Shares short for NWTN as of 1752537600 were 295176 with a Short Ratio of 0.24, compared to 1749772800 on 383757. Therefore, it implies a Short% of Shares Outstanding of 295176 and a Short% of Float of 0.15.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

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