Nxu Inc’s recent filing unveils that its Interim CFO Wyant Sarah unloaded Company’s shares for reported $4772.0 on Dec 31 ’23. In the deal valued at $2.19 per share,2,179 shares were sold. As a result of this transaction, Wyant Sarah now holds 108,948 shares worth roughly $41400.24.
Then, GEM Global Yield LLC SCS sold 2,357,502 shares, generating $791,649 in total proceeds. Upon selling the shares at $0.34, the 10% Owner now owns 17,999,785 shares.
Before that, GEM Global Yield LLC SCS sold 2,251,368 shares. Nxu Inc shares valued at $72,719 were divested by the 10% Owner at a price of $0.03 per share. As a result of the transaction, GEM Global Yield LLC SCS now holds 20,357,287 shares, worth roughly $7.74 million.
Price Performance Review of NXU
On Monday, Nxu Inc [NASDAQ:NXU] saw its stock jump 3.50% to $0.38. Over the last five days, the stock has lost -23.87%. Nxu Inc shares have fallen nearly -83.43% since the year began. Nevertheless, the stocks have fallen -99.50% over the past one year. While a 52-week high of $129.00 was reached on 01/02/24, a 52-week low of $0.35 was recorded on 04/22/24. SMA at 50 days reached $0.7401, while 200 days put it at $17.4832. A total of 0.77 million shares were traded, compared to the trading of 0.92 million shares in the previous session.
Levels Of Support And Resistance For NXU Stock
The 24-hour chart illustrates a support level at 0.3472, which if violated will result in even more drops to 0.3132. On the upside, there is a resistance level at 0.4080. A further resistance level may holdings at 0.4348. The Relative Strength Index (RSI) on the 14-day chart is 22.98, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1424, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.26%. Stochastics %K at 8.70% indicates the stock is a buying.
