NWTN Inc (NWTN, Financial), a pioneering company in the smart electric vehicle sector, experienced a significant stock price decline of 5.17%. The stock is currently trading at $1.10 per share with a trading volume of 16,785 shares, a turnover rate of 0.01%, and a price fluctuation of 6.24%.
Recent financial reports reveal that NWTN has recorded zero revenue, a net loss of $40.72 million, and an earnings per share (EPS) of -$0.17. The gross profit stands at -$748,586, with a price-to-earnings (P/E) ratio of -3.28. Currently, no institutional ratings are available for NWTN regarding buying, holding, or selling.
The broader automotive manufacturing sector, where NWTN operates, saw an overall decline of 1.20%. In contrast, some stocks within the sector, such as Srivaru Holding Limited and Envirotech Vehicles, Inc., experienced significant gains. Other active stocks include Volcon, Inc., Faraday Future, and Canoo, with turnover rates of 10.13%, 7.13%, and 6.00%, respectively. Notably, Srivaru Holding Limited, Envirotech Vehicles, Inc., and Faraday Future Intelligent Electric Inc showed large fluctuations of 115.49%, 32.59%, and 24.00%, respectively.
NWTN Inc is committed to integrating cutting-edge design, lifestyle personalization, IoT connectivity, and autonomous driving technology into passenger-centric, sustainable, and premium mobility solutions.
