Nxu, Inc. (NASDAQ:NXU – Get Free Report) shares traded down 6% on Wednesday . The company traded as low as $0.24 and last traded at $0.24. 77,662 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 1,202,604 shares. The stock had previously closed at $0.26.
NXU Price Performance
The stock’s 50 day simple moving average is $0.33 and its two-hundred day simple moving average is $0.46.
NXU (NASDAQ:NXU – Get Free Report) last released its earnings results on Tuesday, August 6th. The company reported ($0.37) earnings per share for the quarter. The business had revenue of $0.01 million during the quarter. NXU had a negative return on equity of 419.01% and a negative net margin of 5,198.23%.
About NXU
Nxu, Inc, formerly known as Atlis Motor Vehicles, is a US-owned technology company manufacturing innovative battery cells and battery packs, for use in advanced energy storage systems and megawatt charging stations.
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