NXU (NASDAQ:NXU) Releases Earnings Results

NXU (NASDAQ:NXU) announced its quarterly earnings results on Monday. The company reported ($0.13) earnings per share (EPS) for the quarter, Zacks reports. NXU had a negative net margin of 5,280.30% and a negative return on equity of 219.40%.

NXU Stock Performance

NXU stock opened at $0.25 on Wednesday. NXU has a 1 year low of $0.21 and a 1 year high of $2.25. The company’s 50-day moving average is $0.38 and its two-hundred day moving average is $0.36.

NXU Company Profile

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.