NWTN (NASDAQ:NWTN - Get Free Report) was upgraded by investment analysts at Wall Street Zen to a "hold" rating in a research note issued on Friday.
NWTN Stock Performance
NWTN stock traded down $0.29 during mid-day trading on Friday, reaching $1.51. 313,232 shares of the company's stock were exchanged, compared to its average volume of 537,193. NWTN has a 12-month low of $0.30 and a 12-month high of $3.48. The stock's 50 day moving average is $1.38 and its 200 day moving average is $0.90.
Institutional Investors Weigh In On NWTN
An institutional investor recently bought a new position in NWTN stock. Y Intercept Hong Kong Ltd bought a new stake in NWTN Inc. (NASDAQ:NWTN - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 179,300 shares of the company's stock, valued at approximately $126,000. Institutional investors and hedge funds own 0.20% of the company's stock.
About NWTN
(
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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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