NWTN Inc. (NASDAQ:NWTN - Get Free Report) shares dropped 5.2% on Monday . The stock traded as low as $1.96 and last traded at $1.99. Approximately 36,237 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 534,148 shares. The stock had previously closed at $2.10.
NWTN Price Performance
The firm's 50-day moving average price is $1.27 and its 200-day moving average price is $0.87.
Institutional Trading of NWTN
A hedge fund recently bought a new stake in NWTN stock. Y Intercept Hong Kong Ltd acquired a new stake in shares of NWTN Inc. (NASDAQ:NWTN - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 179,300 shares of the company's stock, valued at approximately $126,000. 0.20% of the stock is currently owned by hedge funds and other institutional investors.
NWTN Company Profile
(
Get Free Report)
NWTN Inc operates as a smart passenger vehicle company, provides passenger-centric mobility and green energy solutions in the United States, the United Arab Emirates, and Mainland China. The company develops electric vehicles, including Supersport coupe; and smart passenger vehicles, such as MUSE and ADA.
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