Is Nxu Inc (NXU) Stock a Good Buy for Short-term Investors?

At the time of writing, Nxu Inc [NXU] stock is trading at $0.25, up 5.42%. 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 3.66% over the last week, with a monthly amount drifted -6.90%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

For the past year, the stock price of Nxu Inc fluctuated between $0.21 and $2.25. Nxu Inc [NASDAQ: NXU] shares were valued at $0.25 at the most recent close of the market.

Analyzing the NXU fundamentals

According to Nxu Inc [NASDAQ:NXU], the company’s sales were 0.40M for trailing twelve months, which represents an -94.87% plunge. 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. The company’s stock is currently sitting at 0.2430 points at the first support level, and at 0.2310 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.2610, and for the 2nd resistance point, it is at 0.2670.

Ratios To Look Out For

It is important to note that Nxu Inc [NASDAQ:NXU] has a current ratio of 0.61. As well, the Quick Ratio is 0.61, while the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 15.58, the price to book ratio is 0.91.

Transactions by insiders

Recent insider trading involved Billingsley Jessica, Director, that happened on Nov 18 ’24 when 0.35 million shares were sold. Director, Ide Britt E completed a deal on Nov 19 ’24 to sell 0.27 million shares. Meanwhile, Director Ide Britt E sold 68978.0 shares on Nov 18 ’24.

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