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After finishing at $0.30 in the prior trading day, Nxu Inc (NASDAQ: NXU) closed at $0.30, up 0.60%. In other words, the price has increased by $0.60 from its previous closing price. On the day, 56360.0 shares were traded. NXU stock price reached its highest trading level at $0.3124 during the session, while it also had its lowest trading level at $0.3012.
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 1.02 and its Current Ratio is at 1.02. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.09.
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 Oct 19 ’23 when Pratt Annie sold 23,100 shares for $0.04 per share. The transaction valued at 924 led to the insider holds 10,521,279 shares of the business.
Hanchett Mark sold 19,650 shares of NXU for $786 on Oct 19 ’23. The Chief Executive Officer now owns 26,962,888 shares after completing the transaction at $0.04 per share. On Oct 19 ’23, another insider, Dwivedi Apoorv, who serves as the Chief Financial Officer of the company, sold 19,650 shares for $0.04 each. As a result, the insider received 786 and left with 916,980 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 3608871 and an Enterprise Value of 1684756. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.07 while its Price-to-Book (P/B) ratio in mrq is 0.47. Its current Enterprise Value per Revenue stands at 3.323 whereas that against EBITDA is -0.057.
Stock Price History:
Over the past 52 weeks, NXU has reached a high of $31.50, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is -18.28%, while the 200-Day Moving Average is calculated to be -72.40%.
Shares Statistics:
The stock has traded on average 313.30K shares per day over the past 3-months and 130620 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 11.57M. Insiders hold about 3.07% of the company’s shares, while institutions hold 0.87% stake in the company. Shares short for NXU as of 1723680000 were 369495 with a Short Ratio of 1.18, compared to 1721001600 on 626821. Therefore, it implies a Short% of Shares Outstanding of 369495 and a Short% of Float of 3.19.
