NXU (NASDAQ:NXU) Stock Price Down 4.5% – What’s Next?

Nxu, Inc. (NASDAQ:NXUGet Free Report)’s share price fell 4.5% during mid-day trading on Thursday . The company traded as low as $0.24 and last traded at $0.24. 75,530 shares changed hands during trading, a decline of 93% from the average session volume of 1,152,350 shares. The stock had previously closed at $0.25.

NXU Stock Performance

The firm has a 50-day moving average of $0.28 and a two-hundred day moving average of $0.40.

NXU (NASDAQ:NXUGet Free Report) last posted its quarterly earnings data on Tuesday, August 6th. The company reported ($0.37) earnings per share for the quarter. The business had revenue of $0.01 million for the quarter. NXU had a negative return on equity of 419.01% and a negative net margin of 5,198.23%.

About NXU

(Get Free Report)

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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