With 73.13 million shares changed hands, the volume of the stock remained lighter than its average volume of 108.66 million shares. The 52-week range on NKLA shows that it touched its highest point at $3.71 and its lowest point at $0.52 during that stretch. It currently has a 1-year price target of $1.70. Beta for the stock currently stands at 1.95.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NKLA was down-trending over the past week, with a drop of -10.60%, but this was down by -7.20% over a month. Three-month performance dropped to -33.75% while six-month performance fell -42.74%. The stock lost -68.57% in the past year, while it has lost -22.76% so far this year. A look at the trailing 12-month EPS for NKLA yields -1.25 with Next year EPS estimates of -0.31. For the next quarter, that number is -0.09. This implies an EPS growth rate of 49.01% for this year and 23.20% for next year.
Float and Shares Shorts:
At present, 1.33 billion NKLA shares are outstanding with a float of 1.22 billion shares on hand for trading. On Feb 15, 2024, short shares totaled 229.65 million, which was 17.27% higher than short shares on Jan 12, 2024. In addition to Mr. Stephen J. Girsky as the firm’s Acting CFO, President, CEO, Principal Financial & Accounting Officer and Director, Mr. Britton M. Worthen Esq. serves as its Chief Legal Officer & Secretary.
Institutional Ownership:
Through their ownership of 33.54% of NKLA’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NKLA since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
Dividends & Yield:
In terms of dividends, NKLA has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and NKLA currently yields $0.00. In the past year, NKLA’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, NKLA has a current buyback yield of $––. This was $–– for the TTM, and it was $–– for the past five years.
Summary of Insider Activity:
Insiders traded NKLA stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 12 while that of sell transactions has risen to 12 over the past year. The total number of shares bought during that period was 1,897,431 while 653,892 shares were sold.
