Nxu Inc (NXU) Shares Gain 570.24% Over Last Week

Nxu Inc [NXU] stock prices are up 516.27% to $1.50 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The NXU shares have gain 570.24% over the last week, with a monthly amount glided 465.18%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

The stock price of Nxu Inc [NXU] has been fluctuating between $0.21 and $3.13 over the past year. Nxu Inc [NASDAQ: NXU] shares were valued at $1.50 at the most recent close of the market.

Analyzing the NXU fundamentals

The Nxu Inc [NASDAQ:NXU] reported sales of 0.40M for trailing twelve months, representing a drop of -94.87%. Gross Profit Margin for this corporation currently stands at -1.55% with Operating Profit Margin at -52.24%, Pretax Profit Margin comes in at -105.82%, and Net Profit Margin reading is -105.76%. To continue investigating profitability, this company’s Return on Assets is posted at -4.96, Equity is -5.44 and Total Capital is 0.33. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.12.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. However, for the 1st resistance point, the stock is sitting at 2.1926, and for the 2nd resistance point, it is at 2.8852.

Ratios To Look Out For

It’s worth pointing out that Nxu Inc [NASDAQ:NXU]’s Current Ratio is 0.61. On the other hand, the Quick Ratio is 0.61, and the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 56.11, the price to book ratio is 5.34.

Transactions by insiders

Recent insider trading involved Ide Britt E, Director, that happened on Nov 19 ’24 when 0.27 million shares were sold. Director, Ide Britt E completed a deal on Nov 18 ’24 to sell 68978.0 shares. Meanwhile, Director Ide Britt E sold 21700.0 shares on Nov 21 ’24.

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