The stock of Nuwellis Inc (NUWE) has seen a -9.29% decrease in the past week, with a -22.69% drop in the past month, and a -30.92% decrease in the past quarter. The volatility ratio for the week is 23.46%, and the volatility levels for the past 30 days are at 11.58% for NUWE. The simple moving average for the last 20 days is -9.04% for NUWE stock, with a simple moving average of -67.48% for the last 200 days.
Is It Worth Investing in Nuwellis Inc (NASDAQ: NUWE) Right Now?
The 36-month beta value for NUWE is also noteworthy at 0.22. 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 NUWE is 6.80M, and at present, short sellers hold a 12.08% of that float. The average trading volume of NUWE on April 23, 2024 was 567.56K shares.
NUWE) stock’s latest price update
The stock price of Nuwellis Inc (NASDAQ: NUWE) has surged by 29.96 when compared to previous closing price of 0.26, but the company has seen a -9.29% decline in its stock price over the last five trading sessions. GlobeNewsWire reported 2024-02-27 that MINNEAPOLIS, Feb. 27, 2024 (GLOBE NEWSWIRE) — Nuwellis, Inc. (Nasdaq: NUWE), a medical technology company focused on transforming the lives of people with fluid overload, today announced that it will release financial results for the fourth quarter and full year of 2023 on Tuesday, March 5, 2024. Nuwellis will host a conference call and webcast at 9:00 AM ET to discuss its financial results and provide a general business update.
NUWE Trading at -27.18% from the 50-Day Moving Average
After a stumble in the market that brought NUWE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -94.17% of loss for the given period.
Volatility was left at 11.58%, however, over the last 30 days, the volatility rate increased by 23.46%, as shares sank -23.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.91% lower at present.
During the last 5 trading sessions, NUWE fell by -9.29%, which changed the moving average for the period of 200-days by -85.97% in comparison to the 20-day moving average, which settled at $0.3621. In addition, Nuwellis Inc saw -42.50% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for NUWE
Current profitability levels for the company are sitting at:
- -1.99 for the present operating margin
- 0.56 for the gross margin
The net margin for Nuwellis Inc stands at -2.28. The total capital return value is set at -2.67. Equity return is now at value -263.36, with -117.35 for asset returns.
Based on Nuwellis Inc (NUWE), the company’s capital structure generated 0.13 points at debt to capital in total, while cash flow to debt ratio is standing at -41.05. The debt to equity ratio resting at 0.15. The interest coverage ratio of the stock is -4.28.
Currently, EBITDA for the company is -17.27 million with net debt to EBITDA at 0.17. When we switch over and look at the enterprise to sales, we see a ratio of -0.06. The receivables turnover for the company is 4.54for trailing twelve months and the total asset turnover is 0.91. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.59.
Conclusion
In summary, Nuwellis Inc (NUWE) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
