After finishing at $0.98 in the prior trading day, Nxu Inc (NASDAQ: NXU) closed at $0.82, down -16.39%. In other words, the price has decreased by -$0.1645 from its previous closing price. On the day, 1766140 shares were traded.
Ratios:
Our goal is to gain a better understanding of NXU by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.50.
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 Dec 31 ’23 when Wyant Sarah sold 2,179 shares for $2.19 per share. The transaction valued at 4,772 led to the insider holds 108,948 shares of the business.
GEM Global Yield LLC SCS sold 2,357,502 shares of NXU for $791,649 on Nov 03 ’23. The 10% Owner now owns 17,999,785 shares after completing the transaction at $0.34 per share. On Nov 02 ’23, another insider, GEM Global Yield LLC SCS, who serves as the 10% Owner of the company, sold 2,251,368 shares for $0.03 each. As a result, the insider received 72,719 and left with 20,357,287 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 2.60M and an Enterprise Value of 3.81M. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.67. Its current Enterprise Value per Revenue stands at 32.57 whereas that against EBITDA is -0.07.
Stock Price History:
Over the past 52 weeks, NXU has reached a high of $137.46, while it has fallen to a 52-week low of $0.71. The 50-Day Moving Average of the stock is 1.2522, while the 200-Day Moving Average is calculated to be 29.6643.
Shares Statistics:
The stock has traded on average 2.72M shares per day over the past 3-months and 9.7M shares per day over the last 10 days, according to various share statistics. Insiders hold about 2.45% of the company’s shares, while institutions hold 1.54% stake in the company. Shares short for NXU as of Feb 15, 2024 were 208.77k with a Short Ratio of 0.08, compared to 357.49k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.71% and a Short% of Float of 7.35%.
Earnings Estimates
Its stock is currently analyzed by 1 different market analysts. On average, analysts expect EPS of -$7.5 for the current quarter, with a high estimate of -$7.5 and a low estimate of -$7.5, while EPS last year was -$330. The consensus estimate for the next quarter is -$4.5, with high estimates of -$4.5 and low estimates of -$4.5.
Analysts are recommending an EPS of between -$109.5 and -$109.5 for the fiscal current year, implying an average EPS of -$109.5. EPS for the following year is -$12, with 1 analysts recommending between -$12 and -$12.
Revenue Estimates
Based on 1 analysts’ estimates, the company’s revenue will be $300k in the next fiscal year. The high estimate is $300k and the low estimate is $300k. The average revenue growth estimate for next year is up 200.00% from the average revenue estimate for this year.
