Nxu Inc (NASDAQ: NXU) is -66.51% lower on its value in year-to-date trading and has touched a low of $0.21 and a high of $2.25 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NXU stock was last observed hovering at around $0.35 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.35, the stock is -33.49% and -16.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.74 million and changing 0.20% at the moment leaves the stock -8.39% off its SMA200. NXU registered -61.29% loss for a year compared to 6-month gain of -4.26%. The firm has a 50-day simple moving average (SMA 50) of $0.4243 and a 200-day simple moving average (SMA200) of $0.38783.
The stock witnessed a -62.23% loss in the last 1 month and extending the period to 3 months gives it a -33.02%, and is 42.00% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 49.24% over the week and 30.77% over the month.
Nxu Inc (NXU) has around 36 employees, a market worth around $8.68M and $0.40M in sales. Profit margin for the company is -5120.96%. Distance from 52-week low is 69.94% and -84.22% from its 52-week high. The company has generated returns on investments over the last 12 months (-594.34%).
The EPS is expected to grow by 98.07% this year.
Nxu Inc (NXU) Top Institutional Holders
16.0 institutions hold shares in Nxu Inc (NXU), with institutional investors hold 1.91% of the company’s shares. The shares outstanding are 15.83M, and float is at 14.64M with Short Float at 4.82%. Institutions hold 1.85% of the Float.
Nxu Inc (NXU) Insider Activity
The most recent transaction is an insider sale by Billingsley Jessica, the company’s Director. SEC filings show that Billingsley Jessica sold 353,871 shares of the company’s common stock on Nov 18 ’24 at a price of $0.29 per share for a total of $0.1 million. Following the sale, the insider now owns 0.44 million shares.
Nxu Inc disclosed in a document filed with the SEC on Nov 19 ’24 that Ide Britt E (Director) sold a total of 271,022 shares of the company’s common stock. The trade occurred on Nov 19 ’24 and was made at $0.26 per share for $70899.0. Following the transaction, the insider now directly holds 0.46 million shares of the NXU stock.
Still, SEC filings show that on Nov 18 ’24, Ide Britt E (Director) disposed off 68,978 shares at an average price of $0.31 for $21477.0. The insider now directly holds 732,476 shares of Nxu Inc (NXU).
