Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Nikola Corp’s current trading price is -98.72% away from its 52-week high, while its distance from the 52-week low is -37.59%. The stock’s price range over this period has fluctuated between $0.71 and $34.50. The company, operating within the financial sector, had a trading volume of approximately 52.14 million for the day, which was noticeably higher than the average daily share volume of 12.82 million over the last 3 months.
In terms of market performance, Nikola Corp had a fairly uneven. The highest value for the stock in the past year was $34.50 on 04/01/24, and the lowest value was recorded at $0.71 on 02/07/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Nikola Corp (NKLA) has experienced a quarterly decline of -86.20% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 37.43M and boasts a workforce of 870 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.6164, with a change in price of -4.9569. Similarly, Nikola Corp recorded 9,992,775 in trading volume during the last 100 days, posting a change of -91.79%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to 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
Today’s raw stochastic average for Nikola Corp over the last 50 days is 0.73%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 1.35%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 5.14% and 5.97%, respectively.
NKLA Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -62.76%.However, over the last six months, we can see a stronger performance of -93.95%. Over the last 30 days, the price of NKLA has leaped by -68.80%. And in the last five days, it has fallen by -43.92%.
