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After finishing at $0.36 in the prior trading day, Nxu Inc (NASDAQ: NXU) closed at $0.39, up 8.14%. In other words, the price has increased by $8.14 from its previous closing price. On the day, 3.12 million shares were traded. NXU stock price reached its highest trading level at $0.47 during the session, while it also had its lowest trading level at $0.3647.
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 1.50 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.10.
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 4452649 and an Enterprise Value of -1601882. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.19 while its Price-to-Book (P/B) ratio in mrq is 0.35. Its current Enterprise Value per Revenue stands at -3.204 whereas that against EBITDA is 0.04.
Stock Price History:
Over the past 52 weeks, NXU has reached a high of $96.00, while it has fallen to a 52-week low of $0.34. The 50-Day Moving Average of the stock is -12.43%, while the 200-Day Moving Average is calculated to be -90.82%.
Shares Statistics:
The stock has traded on average 670.70K shares per day over the past 3-months and 474290 shares per day over the last 10 days, according to various share statistics. A total of 11.93M shares are outstanding, with a floating share count of 11.56M. Insiders hold about 3.07% of the company’s shares, while institutions hold 1.13% stake in the company. Shares short for NXU as of 1718323200 were 936327 with a Short Ratio of 1.40, compared to 1715731200 on 438794. Therefore, it implies a Short% of Shares Outstanding of 936327 and a Short% of Float of 8.09.
