Nu Holdings Ltd (NYSE: NU)’s stock price has increased by 2.74 compared to its previous closing price of 11.68. However, the company has seen a 8.99% increase in its stock price over the last five trading sessions. InvestorPlace reported 2024-05-04 that Stock market crashes present opportunities for long-term investors who can handle volatility and paper losses. You only lose money on a stock when you sell it, and some companies stand to reward patient investors who stay strong during the dips.
Is It Worth Investing in Nu Holdings Ltd (NYSE: NU) Right Now?
The price-to-earnings ratio for Nu Holdings Ltd (NYSE: NU) is above average at 56.52x, Company’s 36-month beta value is 1.13.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for NU is 2.70B, and currently, short sellers hold a 2.15% ratio of that floaft. The average trading volume of NU on May 07, 2024 was 27.81M shares.
NU’s Market Performance
NU stock saw an increase of 8.99% in the past week, with a monthly gain of 0.17% and a quarterly increase of 29.45%. The volatility ratio for the week is 3.53%, and the volatility levels for the last 30 days are 3.06% for Nu Holdings Ltd (NU). The simple moving average for the past 20 days is 8.33% for NU’s stock, with a 34.05% simple moving average for the past 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 5.49% 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 -3.11% of loss for the given period.
Volatility was left at 3.06%, however, over the last 30 days, the volatility rate increased by 3.53%, as shares surge +0.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.42% upper at present.
During the last 5 trading sessions, NU rose by +8.99%, which changed the moving average for the period of 200-days by +55.84% in comparison to the 20-day moving average, which settled at $11.08. In addition, Nu Holdings Ltd saw 44.06% 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 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at 3.28. The debt to equity ratio resting at 0.21. The interest coverage ratio of the stock is 0.97.
Currently, EBITDA for the company is 1.6 billion with net debt to EBITDA at -2.22. When we switch over and look at the enterprise to sales, we see a ratio of 8.6. The receivables turnover for the company is 0.43for trailing twelve months and the total asset turnover is 0.14.
Conclusion
In a nutshell, Nu Holdings Ltd (NU) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
