NWTN Inc. (NASDAQ:NWTN - Get Free Report) was down 9.6% during trading on Monday . The stock traded as low as $0.37 and last traded at $0.38. Approximately 10,378 shares traded hands during trading, a decline of 96% from the average daily volume of 269,444 shares. The stock had previously closed at $0.42.
NWTN Trading Down 0.4 %
The firm's 50-day moving average price is $0.46 and its two-hundred day moving average price is $0.75.
Hedge Funds Weigh In On NWTN
An institutional investor recently bought a new position in NWTN stock. Y Intercept Hong Kong Ltd purchased a new stake in NWTN Inc. (NASDAQ:NWTN - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 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
(
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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