NWTN (NASDAQ:NWTN) Trading 6% Higher

NWTN Inc. (NASDAQ:NWTNGet Free Report) traded up 6% on Thursday . The company traded as high as $7.23 and last traded at $7.23. 1,760 shares were traded during trading, a decline of 96% from the average session volume of 44,951 shares. The stock had previously closed at $6.82.

NWTN Stock Up 6.6 %

The firm’s 50 day simple moving average is $5.93 and its two-hundred day simple moving average is $7.17.

Institutional Investors Weigh In On NWTN

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Renaissance Technologies LLC bought a new stake in NWTN in the second quarter valued at $146,000. Millennium Management LLC bought a new stake in NWTN in the fourth quarter valued at $200,000. Barclays PLC bought a new stake in NWTN in the fourth quarter valued at $459,000. Jane Street Group LLC bought a new stake in NWTN in the fourth quarter valued at $626,000. Finally, Mint Tower Capital Management B.V. bought a new stake in NWTN in the fourth quarter valued at $817,000. 0.20% of the stock is owned by institutional investors.

NWTN Company Profile

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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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