In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Nxu Inc (NASDAQ: NXU) closed at $0.88 down -13.47% from its previous closing price of $1.02. In other words, the price has decreased by -$13.47 from its previous closing price. On the day, 4.41 million shares were traded. NXU stock price reached its highest trading level at $1.03 during the session, while it also had its lowest trading level at $0.7901.
Ratios:
For a deeper understanding of Nxu Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 19 ’24 when Ide Britt E sold 271,022 shares for $0.26 per share. The transaction valued at 70,899 led to the insider holds 461,454 shares of the business.
Ide Britt E sold 68,978 shares of NXU for $21,477 on Nov 18 ’24. The Director now owns 732,476 shares after completing the transaction at $0.31 per share. On Nov 21 ’24, another insider, Ide Britt E, who serves as the Director of the company, sold 21,700 shares for $0.26 each. As a result, the insider received 5,542 and left with 439,754 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 20670580 and an Enterprise Value of 2226506. For the stock, the TTM Price-to-Sale (P/S) ratio is 37.27 while its Price-to-Book (P/B) ratio in mrq is 3.14. 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 $2.25, while it has fallen to a 52-week low of $0.21. The 50-Day Moving Average of the stock is 113.98%, while the 200-Day Moving Average is calculated to be 121.52%.
Shares Statistics:
For the past three months, NXU has traded an average of 17.88M shares per day and 68805870 over the past ten days. A total of 15.83M shares are outstanding, with a floating share count of 14.22M. Insiders hold about 10.20% of the company’s shares, while institutions hold 15.69% stake in the company. Shares short for NXU as of 1730332800 were 1772285 with a Short Ratio of 0.01, compared to 1727654400 on 212261. Therefore, it implies a Short% of Shares Outstanding of 1772285 and a Short% of Float of 15.310000000000002.
