The stock of Nu Holdings Ltd (NU) has seen a 2.72% increase in the past week, with a -6.34% drop in the past month, and a 1.87% flourish in the past quarter. The volatility ratio for the week is 2.76%, and the volatility levels for the past 30 days are at 2.84% for NU. The simple moving average for the last 20 days is -2.88% for NU stock, with a simple moving average of 15.05% for the last 200 days.
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 43.31x. The 36-month beta value for NU is also noteworthy at 1.16. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 2 rating it as “overweight,” 7 rating it as “hold,” and 1 rating it as “sell.”
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The public float for NU is 3.01B, and at present, short sellers hold a 6.42% of that float. The average trading volume of NU on October 11, 2024 was 40.26M shares.
NU) stock’s latest price update
The stock price of Nu Holdings Ltd (NYSE: NU) has surged by 1.19 when compared to previous closing price of 13.43, but the company has seen a 2.72% gain in its stock price over the last five trading sessions. fool.com reported 2024-10-11 that It’s difficult not to be bullish on this fintech enterprise.
Analysts’ Opinion of NU
Many brokerage firms have already submitted their reports for NU stocks, with UBS repeating the rating for NU by listing it as a “Neutral.” The predicted price for NU in the upcoming period, according to UBS is $13.50 based on the research report published on August 02, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see NU reach a price target of $14.50, previously predicting the price at $12. The rating they have provided for NU stocks is “Neutral” according to the report published on July 22nd, 2024.
Barclays gave a rating of “Overweight” to NU, setting the target price at $15 in the report published on June 26th of the current year.
NU Trading at -1.15% 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 -10.36% of loss for the given period.
Volatility was left at 2.84%, however, over the last 30 days, the volatility rate increased by 2.76%, as shares sank -8.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.49% upper at present.
During the last 5 trading sessions, NU rose by +2.31%, which changed the moving average for the period of 200-days by +63.07% in comparison to the 20-day moving average, which settled at $13.99. In addition, Nu Holdings Ltd saw 63.15% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NU starting from Youssef Lahrech, who proposed sale 36,000 shares at the price of $13.87 back on Sep 30 ’24. After this action, Youssef Lahrech now owns shares of Nu Holdings Ltd, valued at $499,320 using the latest closing price.
Duggal Jagpreet Singh, the Officer of Nu Holdings Ltd, proposed sale 45,775 shares at $15.00 during a trade that took place back on Sep 17 ’24, which means that Duggal Jagpreet Singh is holding shares at $686,625 based on the most recent closing price.
Stock Fundamentals for NU
Current profitability levels for the company are sitting at:
- 0.26 for the present operating margin
- 0.68 for the gross margin
The net margin for Nu Holdings Ltd stands at 0.18. The total capital return value is set at 0.05. Equity return is now at value 24.35, with 3.90 for asset returns.
Based on Nu Holdings Ltd (NU), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at 3.98. The debt to equity ratio resting at 0.25. The interest coverage ratio of the stock is 0.92.
Currently, EBITDA for the company is 1.6 billion with net debt to EBITDA at -3.0. When we switch over and look at the enterprise to sales, we see a ratio of 6.67. The receivables turnover for the company is 0.67for trailing twelve months and the total asset turnover is 0.19.
Conclusion
In summary, Nu Holdings Ltd (NU) has had a better performance as of late. Analysts have bullish 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.
