The stock of Nu Holdings Ltd (NU) has gone up by 4.19% for the week, with a 8.94% rise in the past month and a 23.21% rise in the past quarter. The volatility ratio for the week is 2.40%, and the volatility levels for the past 30 days are 3.03% for NU. The simple moving average for the past 20 days is 7.85% for NU’s stock, with a 24.27% simple moving average for the past 200 days.
Is It Worth Investing in Nu Holdings Ltd (NYSE: NU) Right Now?
Nu Holdings Ltd (NYSE: NU) has a higher price-to-earnings ratio of 47.98x compared to its average ratio, The 36-month beta value for NU is at 1.16. Analysts have varying views on the stock, with 9 analysts rating it as a “buy,” 2 rating it as “overweight,” 7 as “hold,” and 1 as “sell.”
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The public float for NU is 3.00B, and currently, shorts hold a 5.83% of that float. The average trading volume for NU on October 25, 2024 was 39.56M shares.
NU) stock’s latest price update
Nu Holdings Ltd (NYSE: NU)’s stock price has gone rise by 0.24 in comparison to its previous close of 15.02, however, the company has experienced a 4.19% increase in its stock price over the last five trading days. fool.com reported 2024-10-25 that Could Nu become the best-performing stock in your portfolio?
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 5.65% 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 -0.69% of loss for the given period.
Volatility was left at 3.03%, however, over the last 30 days, the volatility rate increased by 2.40%, as shares surge +8.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.89% upper at present.
During the last 5 trading sessions, NU rose by +3.84%, which changed the moving average for the period of 200-days by +65.25% in comparison to the 20-day moving average, which settled at $13.96. In addition, Nu Holdings Ltd saw 80.74% 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 7.48. The receivables turnover for the company is 0.67for trailing twelve months and the total asset turnover is 0.19.
Conclusion
In conclusion, Nu Holdings Ltd (NU) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
