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The closing price of Nuwellis Inc (NASDAQ: NUWE) was $0.23 for the day, down -42.94% from the previous closing price of $0.40. In other words, the price has decreased by -$42.94 from its previous closing price. On the day, 35.1 million shares were traded. NUWE stock price reached its highest trading level at $0.2797 during the session, while it also had its lowest trading level at $0.228.
Ratios:
Our analysis of NUWE’s different ratios will help us gain a deeper understanding of the company. 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 1006013 and an Enterprise Value of -1054987. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11 while its Price-to-Book (P/B) ratio in mrq is 0.28. Its current Enterprise Value per Revenue stands at -0.12 whereas that against EBITDA is 0.119.
Stock Price History:
The Beta on a monthly basis for NUWE is 0.45, which has changed by -0.9671429 over the last 52 weeks, in comparison to a change of 0.11730647 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 $0.40. The 50-Day Moving Average of the stock is -74.31%, while the 200-Day Moving Average is calculated to be -81.22%.
Shares Statistics:
NUWE traded an average of 109.29K shares per day over the past three months and 3861890 shares per day over the past ten days. A total of 4.37M shares are outstanding, with a floating share count of 4.37M. Insiders hold about 0.00% of the company’s shares, while institutions hold 3.16% stake in the company. Shares short for NUWE as of 1747267200 were 61807 with a Short Ratio of 0.57, compared to 1744675200 on 79692. Therefore, it implies a Short% of Shares Outstanding of 61807 and a Short% of Float of 1.4099999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
