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Nu Ride (NRDE)
OTHER OTC:NRDE
US Market

Nu Ride (NRDE) Price & Analysis

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2,320 Followers

NRDE Stock Chart & Stats

$1.63
$0.00(0.00%)
At close: 4:00 PM EST
$1.63
$0.00(0.00%)

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.

NRDE FAQ

What was Nu Ride’s price range in the past 12 months?
Nu Ride lowest stock price was $1.10 and its highest was $2.49 in the past 12 months.
    What is Nu Ride’s market cap?
    Nu Ride’s market cap is $27.04M.
      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. Get more investment ideas with TipRanks Premium
        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. develops, manufactures, and sells Endurance, an electric full-size pickup truck for fleet customers in the United States. Lordstown Motors Corp. was incorporated in 2018 and is based in Lordstown, Ohio. On June 27, 2023, Lordstown Motors Corp., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.

            Nu Ride (NRDE) Earnings & Revenues

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            Ownership Overview

            8.65%<0.01%91.35%
            <0.01% Other Institutional Investors
            91.35% Public Companies and
            Individual Investors

            Options Prices

            Currently, No data available
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