In Friday’s Wall Street session, Nxu Inc (NASDAQ:NXU) shares traded at $0.36, up 0.06% from the previous session.
NXU stock price is now -18.90% away from the 50-day moving average and -7.74% away from the 200-day moving average. The market capitalization of the company currently stands at $5.62M.
In other news, Billingsley Jessica, Director sold 353,871 shares of the company’s stock on Nov 18 ’24. The stock was sold for $103,189 at an average price of $0.29. Upon completion of the transaction, the Director now directly owns 443,787 shares in the company, valued at $0.16 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 19 ’24, Director Ide Britt E sold 271,022 shares of the business’s stock. A total of $70,899 was realized by selling the stock at an average price of $0.26. This leaves the insider owning 461,454 shares of the company worth $0.17 million. A total of 5.18% of the company’s stock is owned by insiders.
During the past 12 months, Nxu Inc has had a low of $0.21 and a high of $2.25. As of last week, the company has a debt-to-equity ratio of 0.28, a current ratio of 0.61, and a quick ratio of 0.61. The fifty day moving average price for NXU is $0.43796 and a two-hundred day moving average price translates $0.38505 for the stock.
The latest earnings results from Nxu Inc (NASDAQ: NXU) was released for 2024-09-30. The net profit margin was -5120.96% and return on equity was -640.34% for NXU. The company reported revenue of $6000.0 for the quarter, compared to $0.12 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -94.87 percent.