Closing Figures: Nuwellis Inc (NUWE)’s Positive Finish at 0.33, Up 29.96

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After finishing at $0.26 in the prior trading day, Nuwellis Inc (NASDAQ: NUWE) closed at $0.33, up 29.96%. In other words, the price has increased by $29.96 from its previous closing price. On the day, 7.23 million shares were traded. NUWE stock price reached its highest trading level at $0.356 during the session, while it also had its lowest trading level at $0.251.

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 1.96 and its Current Ratio is at 2.59. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.26.

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 2271681 and an Enterprise Value of -1071029. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 0.63. Its current Enterprise Value per Revenue stands at -0.121 whereas that against EBITDA is 0.062.

Stock Price History:

Over the past 52 weeks, NUWE has reached a high of $5.73, while it has fallen to a 52-week low of $0.24. The 50-Day Moving Average of the stock is -27.18%, while the 200-Day Moving Average is calculated to be -67.48%.

Shares Statistics:

The stock has traded on average 567.56K shares per day over the past 3-months and 1061340 shares per day over the last 10 days, according to various share statistics. A total of 6.80M shares are outstanding, with a floating share count of 6.80M. Insiders hold about 0.07% of the company’s shares, while institutions hold 3.13% stake in the company. Shares short for NUWE as of 1711584000 were 821771 with a Short Ratio of 1.45, compared to 1709164800 on 708706. Therefore, it implies a Short% of Shares Outstanding of 821771 and a Short% of Float of 12.0900005.

Earnings Estimates

A comprehensive evaluation of Nuwellis Inc (NUWE) is underway, with the input of Nucor Corporation analysts contributing to its current rating.The consensus estimate for the next quarter is $50.40, with high estimates of $1.24 and low estimates of $0.33.

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