Nxu Inc [NASDAQ: NXU] price surged by 42.74 percent to reach at $0.31.
The one-year NXU stock forecast points to a potential upside of 99.09. The average equity rating for NXU stock is currently 1.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Nxu Inc [NXU]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NXU shares is $112.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NXU stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Nxu Inc is set at 0.28, with the Price to Sales ratio for NXU stock in the period of the last 12 months amounting to 32.74. The Price to Book ratio for the last quarter was 3.63, with the Price to Cash per share for the same quarter was set at 0.17.
NXU Stock Performance Analysis:
Nxu Inc [NXU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 319.06. With this latest performance, NXU shares gained by 282.60% in over the last four-week period, additionally plugging by 167.37% over the last 6 months – not to mention a drop of -36.65% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NXU stock in for the last two-week period is set at 63.78, with the RSI for the last a single of trading hit 63.82, and the three-weeks RSI is set at 63.24 for Nxu Inc [NXU]. The present Moving Average for the last 50 days of trading for this stock 0.4068, while it was recorded at 1.0469 for the last single week of trading, and 0.3976 for the last 200 days.
Insight into Nxu Inc Fundamentals:
Nxu Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.61 and a Current Ratio set at 0.61.
Nxu Inc [NXU] Institutonal Ownership Details
There are presently around $1.85%, or 1.91%% of NXU stock, in the hands of institutional investors.
