Nu Ride Inc Ordinary Shares - Class A NRDE

Morningstar Rating
$1.55 −0.07 (4.32%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NRDE is trading at a 415% premium.
Price
$1.56
Fair Value
$8.68
Uncertainty
Extreme
1-Star Price
$11.91
5-Star Price
$4.92
Economic Moat
Ddvcxm
Capital Allocation

News

Trading Information

Previous Close Price
$1.62
Day Range
$0.621.66
52-Week Range
$0.622.80
Bid/Ask
$1.55 / $1.80
Market Cap
$24.95 Mil
Volume/Avg
31,731 / 30,035

Key Statistics

Price/Earnings (Normalized)
2.13
Price/Sales
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

Nu Ride Inc formerly Lordstown Motors Corp is an electric vehicle innovator developing high-quality light duty commercial fleet vehicles, with the Endurance all electric pick-up truck as its first vehicle being launched in the Lordstown, Ohio facility. The Company is in its final design and testing phase related to their production of the Endurance and has yet to bring a completed product to market.
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Stock Style Box
Small Value
Total Number of Employees
9

Comparables

Valuation

Metric
NRDE
GOEV
600609
Price/Earnings (Normalized)
2.1378.78
Price/Book Value
2.920.384.72
Price/Sales
29.871.30
Price/Cash Flow
13.42
Price/Earnings
NRDE
GOEV
600609

Financial Strength

Metric
NRDE
GOEV
600609
Quick Ratio
12.140.020.95
Current Ratio
36.940.171.10
Interest Coverage
−24.2311.76
Quick Ratio
NRDE
GOEV
600609

Profitability

Metric
NRDE
GOEV
600609
Return on Assets (Normalized)
15.07%−37.72%1.85%
Return on Equity (Normalized)
105.27%−100.44%6.84%
Return on Invested Capital (Normalized)
32.28%−65.06%4.11%
Return on Assets
NRDE
GOEV
600609

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