After finishing at $0.70 in the prior trading day, Nuwellis Inc (NASDAQ: NUWE) closed at $0.62, down -11.26%. In other words, the price has decreased by -$0.0788 from its previous closing price. On the day, 944544 shares were traded. NUWE stock price reached its highest trading level at $0.7300 during the session, while it also had its lowest trading level at $0.5901.
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 2.44 and its Current Ratio is at 3.22. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.08.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 15 when Jaramillo Nestor Jr. bought 4,098 shares for $4.79 per share. The transaction valued at 19,629 led to the insider holds 4,098 shares of the business.
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 3.52M and an Enterprise Value of -586.31k. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.41 while its Price-to-Book (P/B) ratio in mrq is 0.15. Its current Enterprise Value per Revenue stands at -0.07 whereas that against EBITDA is 0.09.
Stock Price History:
Over the past 52 weeks, NUWE has reached a high of $8.48, while it has fallen to a 52-week low of $0.39. The 50-Day Moving Average of the stock is 0.5344, while the 200-Day Moving Average is calculated to be 1.4863.
Shares Statistics:
The stock has traded on average 999.74K shares per day over the past 3-months and 1.42M shares per day over the last 10 days, according to various share statistics. A total of 5.68M shares are outstanding, with a floating share count of 5.68M. Insiders hold about 0.09% of the company’s shares, while institutions hold 3.75% stake in the company. Shares short for NUWE as of Jan 31, 2024 were 572.97k with a Short Ratio of 0.57, compared to 7.84k on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 10.08% and a Short% of Float of 10.09%.
Earnings Estimates
Its stock is currently analyzed by 3 different market analysts. On average, analysts expect EPS of -$1.39 for the current quarter, with a high estimate of -$0.89 and a low estimate of -$2.21, while EPS last year was -$5. The consensus estimate for the next quarter is -$1.26, with high estimates of -$0.79 and low estimates of -$2.16.
Analysts are recommending an EPS of between -$12.11 and -$12.29 for the fiscal current year, implying an average EPS of -$12.19. EPS for the following year is -$3.89, with 3 analysts recommending between -$2.29 and -$7.08.
Revenue Estimates
3 analysts predict $2.55M in revenue for the current quarter. It ranges from a high estimate of $2.65M to a low estimate of $2.5M. As of the current estimate, Nuwellis Inc’s year-ago sales were $2.34M, an estimated increase of 9.00% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $2.3M, an increase of 26.00% over than the figure of $9.00% in the same quarter last year. There is a high estimate of $2.87M for the next quarter, whereas the lowest estimate is $2M.
A total of 3 analysts have provided revenue estimates for NUWE’s current fiscal year. The highest revenue estimate was $8.97M, while the lowest revenue estimate was $8.8M, resulting in an average revenue estimate of $8.86M. In the same quarter a year ago, actual revenue was $8.54M, up 3.70% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $11.05M in the next fiscal year. The high estimate is $12.88M and the low estimate is $10.1M. The average revenue growth estimate for next year is up 24.70% from the average revenue estimate for this year.
