Nu Holdings Ltd (NYSE: NU) has a price-to-earnings ratio of 56.43x that is above its average ratio. Additionally, the 36-month beta value for NU is 1.09. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for NU is 2.64B and currently, short sellers hold a 2.54% ratio of that float. The average trading volume of NU on April 08, 2024 was 33.95M shares.
NU) stock’s latest price update
Nu Holdings Ltd (NYSE: NU)’s stock price has increased by 1.61 compared to its previous closing price of 11.79. However, the company has seen a 0.42% increase in its stock price over the last five trading sessions. The Motley Fool reported 2024-04-07 that Nu’s digital bank will lock in more unbanked customers in Latin America. Duolingo’s learning apps are rapidly expanding.
NU’s Market Performance
NU’s stock has risen by 0.42% in the past week, with a monthly rise of 6.49% and a quarterly rise of 45.39%. The volatility ratio for the week is 2.63% while the volatility levels for the last 30 days are 2.59% for Nu Holdings Ltd The simple moving average for the last 20 days is 1.41% for NU stock, with a simple moving average of 39.33% for the last 200 days.
Analysts’ Opinion of NU
Jefferies, on the other hand, stated in their research note that they expect to see NU reach a price target of $10.80. The rating they have provided for NU stocks is “Buy” according to the report published on October 16th, 2023.
New Street gave a rating of “Neutral” to NU, setting the target price at $8.10 in the report published on October 05th of the previous year.
NU Trading at 11.40% 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 -3.27% of loss for the given period.
Volatility was left at 2.59%, however, over the last 30 days, the volatility rate increased by 2.63%, as shares surge +4.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +33.11% upper at present.
During the last 5 trading sessions, NU rose by +0.42%, which changed the moving average for the period of 200-days by +55.99% in comparison to the 20-day moving average, which settled at $11.84. In addition, Nu Holdings Ltd saw 43.82% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for NU
Current profitability levels for the company are sitting at:
- 0.32 for the present operating margin
- 0.62 for the gross margin
The net margin for Nu Holdings Ltd stands at 0.17. The total capital return value is set at 0.05. Equity return is now at value 18.24, with 2.81 for asset returns.
Based on Nu Holdings Ltd (NU), the company’s capital structure generated 0.15 points at debt to capital in total, while cash flow to debt ratio is standing at 3.89. The debt to equity ratio resting at 0.18. The interest coverage ratio of the stock is 1.38.
Currently, EBITDA for the company is 1.6 billion with net debt to EBITDA at -2.33. When we switch over and look at the enterprise to sales, we see a ratio of 8.39. The receivables turnover for the company is 0.42for trailing twelve months and the total asset turnover is 0.14.
Conclusion
In conclusion, Nu Holdings Ltd (NU) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
