The price of Nxu Inc (NASDAQ:NXU) shares last traded on Wall Street fell -23.98% to $0.71.
NXU stock price is now 82.57% away from the 50-day moving average and 80.42% away from the 200-day moving average. The market capitalization of the company currently stands at $9.18M.
In other news, Ide Britt E, Director sold 271,022 shares of the company’s stock on Nov 19 ’24. The stock was sold for $70,899 at an average price of $0.26. Upon completion of the transaction, the Director now directly owns 461,454 shares in the company, valued at $0.33 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 18 ’24, Director Ide Britt E sold 68,978 shares of the business’s stock. A total of $21,477 was realized by selling the stock at an average price of $0.31. This leaves the insider owning 732,476 shares of the company worth $0.52 million. A total of 10.20% 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 $0.39144 and a two-hundred day moving average price translates $0.39614 for the stock.
The latest earnings results from Nxu Inc (NASDAQ: NXU) was released for 2024-06-30. 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.
