Is Nxu Inc (NXU) Holding Up Well Over a Long-Time Horizon?

At the time of writing, Nxu Inc [NXU] stock is trading at $0.52, down -15.89%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NXU shares have gain 84.63% over the last week, with a monthly amount glided 119.27%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

For the past year, the stock price of Nxu Inc fluctuated between $0.21 and $5.97. Nxu Inc [NASDAQ: NXU] shares were valued at $0.52 at the most recent close of the market.

Analyzing the NXU fundamentals

Gross Profit Margin for this corporation currently stands at -1.58% with Operating Profit Margin at -59.87%, Pretax Profit Margin comes in at -51.75%, and Net Profit Margin reading is -51.75%. To continue investigating profitability, this company’s Return on Assets is posted at -1.86, Equity is -4.52 and Total Capital is -3.61. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.25.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.4784 points at the first support level, and at 0.4381 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.5995, and for the 2nd resistance point, it is at 0.6803.

Ratios To Look Out For

It is important to note that Nxu Inc [NASDAQ:NXU] has a current ratio of 1.02. As well, the Quick Ratio is 1.02, while the Cash Ratio is 0.81. Considering the valuation of this stock, the price to sales ratio is 12.14, the price to book ratio is 0.81.

Transactions by insiders

Recent insider trading involved Wyant Sarah, Interim CFO, that happened on Dec 31 ’23 when 2179.0 shares were sold. 10% Owner, GEM Global Yield LLC SCS completed a deal on Nov 03 ’23 to sell 2.36 million shares. Meanwhile, 10% Owner GEM Global Yield LLC SCS sold 2.25 million shares on Nov 02 ’23.

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