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After finishing at $1.13 in the prior trading day, Nuwellis Inc (NASDAQ: NUWE) closed at $1.25, up 10.62%. In other words, the price has increased by $10.62 from its previous closing price. On the day, 16.67 million shares were traded. NUWE stock price reached its highest trading level at $1.67 during the session, while it also had its lowest trading level at $1.1.
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 1.34 and its Current Ratio is at 2.03. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.12.
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 5467462 and an Enterprise Value of 2303230. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 0.73. Its current Enterprise Value per Revenue stands at 0.256 whereas that against EBITDA is -0.171.
Stock Price History:
The Beta on a monthly basis for NUWE is 0.30, which has changed by -0.93273807 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, NUWE has reached a high of $27.61, while it has fallen to a 52-week low of $0.92. The 50-Day Moving Average of the stock is 3.97%, while the 200-Day Moving Average is calculated to be -64.15%.
Shares Statistics:
The stock has traded on average 2.55M shares per day over the past 3-months and 173430 shares per day over the last 10 days, according to various share statistics. A total of 1.87M shares are outstanding, with a floating share count of 1.12M. Insiders hold about 0.00% of the company’s shares, while institutions hold 5.81% stake in the company. Shares short for NUWE as of 1730332800 were 322413 with a Short Ratio of 0.13, compared to 1727654400 on 177040. Therefore, it implies a Short% of Shares Outstanding of 322413 and a Short% of Float of 17.27.