Home  »  Business   »  Nu Holdings Ltd. (NU) Stock: A Look at the Analyst...

Nu Holdings Ltd. (NU) Stock: A Look at the Analyst Recommendations

The public float for NU is 3.13B, and currently, short sellers hold a 3.05% ratio of that float. The average trading volume of NU on March 16, 2023 was 27.37M shares.

NU) stock’s latest price update

Nu Holdings Ltd. (NYSE: NU)’s stock price has increased by 2.77 compared to its previous closing price of 4.44. Despite this, the company has experienced a -3.74% fall in its stock price over the last five trading sessions. The Wall Street Journal reported on 12/10/21 that Chewy, Oracle, Broadcom, Moderna, Nubank: What to Watch in the Stock Market Today

From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".

Sponsored

NU’s Market Performance

Nu Holdings Ltd. (NU) has seen a -3.74% fall in stock performance for the week, with a -8.74% decline in the past month and a 17.60% surge in the past quarter. The volatility ratio for the week is 7.79%, and the volatility levels for the past 30 days are at 6.14% for NU. The simple moving average for the last 20 days is -5.58% for NU stock, with a simple moving average of 3.75% for the last 200 days.

Analysts’ Opinion of NU

Credit Suisse gave a rating of “Outperform” to NU, setting the target price at $6.50 in the report published on November 09th of the previous year.

NU Trading at 2.55% from the 50-Day Moving Average

After a stumble in the market that brought NU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -46.16% of loss for the given period.

Volatility was left at 6.14%, however, over the last 30 days, the volatility rate increased by 7.79%, as shares sank -13.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +27.67% upper at present.

During the last 5 trading sessions, NU fell by -4.11%, which changed the moving average for the period of 200-days by +12.78% in comparison to the 20-day moving average, which settled at $4.80. In addition, Nu Holdings Ltd. saw 12.11% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for NU

Equity return is now at value -2.80, with -0.60 for asset returns.

Conclusion

To put it simply, Nu Holdings Ltd. (NU) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.