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After finishing at $0.28 in the prior trading day, Nuwellis Inc (NASDAQ: NUWE) closed at $9.58M, up 30796604%. In other words, the price has increased by $30796604 from its previous closing price. On the day, 30.8 million shares were traded. NUWE stock price reached its highest trading level at $0.2848 during the session, while it also had its lowest trading level at $0.2644.
Ratios:
Our goal is to gain a better understanding of NUWE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.59 and its Current Ratio is at 2.23. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.07.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, ROTH MKM on July 29, 2024, initiated with a Buy rating and assigned the stock a target price of $17.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NUWE now has a Market Capitalization of 1858279 and an Enterprise Value of -892275. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15 while its Price-to-Book (P/B) ratio in mrq is 0.33. Its current Enterprise Value per Revenue stands at -0.102 whereas that against EBITDA is 0.101.
Stock Price History:
The Beta on a monthly basis for NUWE is 0.47, which has changed by -0.96493506 over the last 52 weeks, in comparison to a change of 0.09544468 over the same period for the S&P500. Over the past 52 weeks, NUWE has reached a high of $8.23, while it has fallen to a 52-week low of $0.21. The 50-Day Moving Average of the stock is -66.49%, while the 200-Day Moving Average is calculated to be -77.32%.
Shares Statistics:
The stock has traded on average 9.58M shares per day over the past 3-months and 59801480 shares per day over the last 10 days, according to various share statistics. A total of 4.78M shares are outstanding, with a floating share count of 4.52M. Insiders hold about 5.47% of the company’s shares, while institutions hold 2.89% stake in the company. Shares short for NUWE as of 1748563200 were 50999 with a Short Ratio of 0.01, compared to 1745971200 on 58601. Therefore, it implies a Short% of Shares Outstanding of 50999 and a Short% of Float of 1.17.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
1 analysts predict $2.2M in revenue for the current quarter. It ranges from a high estimate of $2.2M to a low estimate of $2.2M. As of the current estimate, Nuwellis Inc’s year-ago sales were $2.19MFor the next quarter, 1 analysts are estimating revenue of $2.5M. There is a high estimate of $2.5M for the next quarter, whereas the lowest estimate is $2.5M.
A total of 1 analysts have provided revenue estimates for NUWE’s current fiscal year. The highest revenue estimate was $9.13M, while the lowest revenue estimate was $9.13M, resulting in an average revenue estimate of $9.13M. In the same quarter a year ago, actual revenue was $8.74MBased on 1 analysts’ estimates, the company’s revenue will be $13.84M in the next fiscal year. The high estimate is $13.84M and the low estimate is $13.84M.
