NWTN Inc (NWTN, Financial) experienced a notable stock price surge of 5.82%. At the time of writing, the stock is priced at $0.720 per share with a trading volume of 18,977 shares, a turnover rate of 0.01%, and a price fluctuation of 3.07%.
Recent financial data reveals that NWTN Inc recorded no operating income and a net loss of $40.72 million, with an earnings per share (EPS) of -$0.17. The company's gross profit stood at -$748,586, resulting in a price-to-earnings (P/E) ratio of -2.00. Currently, there are no institutional ratings indicating a buy, hold, or sell recommendation for NWTN.
In the broader automotive manufacturing sector, where NWTN operates, the overall decline was 0.82%. Several related stocks exhibited significant movements. Zapp Electric Vehicles Group Ltd C/Wts (To Pur Com) and Zeekr showed notable gains, while Mullen Automotive Inc., Faraday Future, and NIO (NIO) were particularly active, with turnover rates of 93.47%, 53.30%, and 7.94%, respectively. Stocks with significant price fluctuations included Faraday Future Intelligent Elec Inc C/Wts (To Pur Com) with 34.41%, Nwtn Inc C/Wts 31/12/2027 (To Pur Com) with 28.06%, and Thunder Power Holdings Inc., with 20.47%.
Founded as an innovative intelligent electric vehicle company, NWTN Inc aims to combine avant-garde design, lifestyle personalization, IoT connectivity, and autonomous driving technologies to offer world-class, passenger-centric, green premium mobility solutions.
