The closing price of Nuwellis Inc (NASDAQ: NUWE) was $0.47 for the day, down -4.94% from the previous closing price of $0.49. In other words, the price has decreased by -$0.0244 from its previous closing price. On the day, 517611 shares were traded.
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 1.96 and its Current Ratio is at 2.59. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.18.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 15 ’23 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 2.81M and an Enterprise Value of -1.30M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at -0.15 whereas that against EBITDA is 0.20.
Stock Price History:
Over the past 52 weeks, NUWE has reached a high of $6.43, while it has fallen to a 52-week low of $0.39. The 50-Day Moving Average of the stock is 0.5354, while the 200-Day Moving Average is calculated to be 1.3785.
Shares Statistics:
NUWE traded an average of 1.02M shares per day over the past three months and 860.47k shares per day over the past ten days. 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 Feb 15, 2024 were 766.02k with a Short Ratio of 0.75, compared to 604.91k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 13.48% and a Short% of Float of 13.49%.
Earnings Estimates
The firm’s stock currently is rated by 3 analysts. On average, analysts expect EPS of -$1.26 for the current quarter, with a high estimate of -$0.79 and a low estimate of -$2.16, while EPS last year was -$5.76. The consensus estimate for the next quarter is -$1.05, with high estimates of -$0.64 and low estimates of -$1.87.
Analysts are recommending an EPS of between -$2.29 and -$7.08 for the fiscal current year, implying an average EPS of -$3.89. EPS for the following year is -$1.32, with 2 analysts recommending between -$1.18 and -$1.47.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $2.87M to a low estimate of $2M. As of the current estimate, Nuwellis Inc’s year-ago sales were $1.83M, an estimated increase of 26.00% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $2.66M, an increase of 28.20% over than the figure of $26.00% in the same quarter last year. There is a high estimate of $3.09M for the next quarter, whereas the lowest estimate is $2.39M.
A total of 3 analysts have provided revenue estimates for NUWE’s current fiscal year. The highest revenue estimate was $12.88M, while the lowest revenue estimate was $10.1M, resulting in an average revenue estimate of $11.05M. In the same quarter a year ago, actual revenue was $8.86M, up 24.70% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $14.59M in the next fiscal year. The high estimate is $17.4M and the low estimate is $11.78M. The average revenue growth estimate for next year is up 32.00% from the average revenue estimate for this year.
