Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant loss of -7.98% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -89.03%. Over the past 30 days, the price of NKLA has leaped by -30.25%. And in the last five days, it has fallen by -31.56%.
Nikola Corp experienced a rather shaky stock market performance. The highest value in the past year was recorded at $34.50 on 04/01/24 and the lowest value was $1.08 on 01/13/25.
52-week price history of NKLA Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Nikola Corp’s current trading price is -96.83% away from its 52-week high, while its distance from the 52-week low is 1.39%. The stock’s price range during this period has varied between$1.08 and $34.50. The Nikola Corp’s shares, which operate in the Industrials, saw a trading volume of around 6.09 million for the day, a figure considerably lower than their average daily volume of 9.56 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Nikola Corp (NKLA) has experienced a quarterly decline of -74.83% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 92.49M and boasts a workforce of 870 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.5815, with a change in price of -6.2650. Similarly, Nikola Corp recorded 7,082,333 in trading volume during the last 100 days, posting a change of -85.06%.
NKLA’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for NKLA stands at 0.93. Similarly, the long-term debt-to-equity ratio is also 0.73.
NKLA Stock Stochastic Average
As of today, Nikola Corp’s raw stochastic average for the last 50 days stands at 0.60%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 2.82%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 12.21% and 19.72%, respectively.
