NWTN Inc. (NASDAQ:NWTN – Get Free Report)’s share price gapped up prior to trading on Monday . The stock had previously closed at $1.87, but opened at $1.95. NWTN shares last traded at $2.87, with a volume of 10,007,665 shares.
NWTN Stock Down 14.0%
The firm’s 50 day simple moving average is $0.57 and its two-hundred day simple moving average is $0.77.
Hedge Funds 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 its most recent Form 13F filing with the SEC. 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.
NWTN Company Profile
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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