NWTN (NASDAQ:NWTN – Get Free Report) was upgraded by research analysts at Wall Street Zen to a “hold” rating in a research note issued on Friday.
NWTN Price Performance
NWTN stock opened at $1.51 on Friday. The firm has a 50 day moving average of $1.38 and a two-hundred day moving average of $0.89. NWTN has a 12 month low of $0.30 and a 12 month high of $3.48.
Hedge Funds Weigh In On NWTN
A hedge fund recently bought a new stake in NWTN stock. Y Intercept Hong Kong Ltd bought a new position in NWTN Inc. (NASDAQ:NWTN – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 179,300 shares of the company’s stock, valued at approximately $126,000. Institutional investors own 0.20% of the company’s stock.
About NWTN
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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