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NRDE Stock Chart & Stats
$1.80
$0.00(0.00%)
At close: 4:00 PM EST
$1.80
$0.00(0.00%)
Day’s Range― - ―
52-Week Range$1.20 - $2.49
Previous CloseN/A
Volume2.48K
Average Volume (3M)11.70K
Market Cap
$31.39M
Enterprise Value$13.17
Total Cash (Recent Filing)$35.02M
Total Debt (Recent Filing)$39.15M
Price to Earnings (P/E)―
Beta0.42
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding16,096,296
10 Day Avg. Volume9,089
30 Day Avg. Volume11,699
Financial Highlights & Ratios
PEG Ratio0.10
Price to Book (P/B)0.57
Price to Sales (P/S)0.00
P/FCF Ratio-3.23
Enterprise Value/Market Cap<0.01
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Debt ProfileNu Ride's low debt levels provide financial flexibility and reduce the risk of insolvency, allowing the company to focus on strategic growth initiatives without the burden of high interest obligations.
Strategic PartnershipsPartnerships with EV manufacturers and infrastructure providers position Nu Ride to capitalize on the growing demand for sustainable transportation, potentially boosting long-term revenue and market share.
Sustainable Mobility FocusNu Ride's focus on sustainable mobility aligns with global trends towards eco-friendly solutions, offering a competitive advantage in attracting environmentally conscious consumers and partners.
Bears Say
Consistent LossesPersistent financial losses and negative cash flows undermine Nu Ride's ability to invest in growth and innovation, threatening its long-term viability and competitive position.
Negative Cash FlowNegative cash flows limit Nu Ride's operational flexibility and increase reliance on external funding, which could be costly or difficult to secure, impacting future growth prospects.
Declining EquityA decline in equity indicates potential erosion of shareholder value and financial instability, which could deter investment and hinder strategic initiatives.
Nu Ride News
NRDE FAQ
What was Nu Ride’s price range in the past 12 months?
Nu Ride lowest stock price was $1.20 and its highest was $2.49 in the past 12 months.
What is Nu Ride’s market cap?
Nu Ride’s market cap is $31.39M.
When is Nu Ride’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Nu Ride’s earnings last quarter?
Currently, no data Available
Is Nu Ride overvalued?
According to Wall Street analysts Nu Ride’s price is currently Overvalued.
Does Nu Ride pay dividends?
Nu Ride does not currently pay dividends.
What is Nu Ride’s EPS estimate?
Nu Ride’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Nu Ride have?
Nu Ride has 16,096,296 shares outstanding.
What happened to Nu Ride’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Nu Ride?
Currently, no hedge funds are holding shares in NRDE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Nu Ride
Lordstown Motors Corp., established in 2018 and operating out of Lordstown, Ohio, is dedicated to the creation, manufacturing, and distribution of the Endurance, an all-electric full-size pickup truck designed specifically for commercial fleet clients across the United States. However, as of June 27, 2023, Lordstown Motors and its associated entities formally entered Chapter 11 bankruptcy, filing a voluntary petition for reorganization with the U.S. Bankruptcy Court for the District of Delaware.
Technical Analysis
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Ownership Overview
8.65% Insiders
<0.01% Other Institutional Investors
91.35% Public Companies and
Individual Investors