Nuwellis Inc’s Market Journey: Closing Strong at 0.26, Up 54.04

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The closing price of Nuwellis Inc (NASDAQ: NUWE) was $0.26 for the day, up 54.04% from the previous closing price of $0.17. In other words, the price has increased by $54.04 from its previous closing price. On the day, 134.35 million shares were traded. NUWE stock price reached its highest trading level at $0.36 during the session, while it also had its lowest trading level at $0.24.

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 0.33 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 4009316 and an Enterprise Value of -1027499. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at -0.116 whereas that against EBITDA is 0.06.

Stock Price History:

Over the past 52 weeks, NUWE has reached a high of $4.59, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is -31.67%, while the 200-Day Moving Average is calculated to be -70.97%.

Shares Statistics:

NUWE traded an average of 2.79M shares per day over the past three months and 13631040 shares per day over the past ten days. 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 1713139200 were 846591 with a Short Ratio of 0.30, compared to 1710460800 on 866311. Therefore, it implies a Short% of Shares Outstanding of 846591 and a Short% of Float of 12.45.

Earnings Estimates

The current market rating for Nuwellis Inc (NUWE) reflects the collective analysis of 1.0 analysts closely monitoring its performance.On average, analysts expect EPS of -$1.06 for the current quarter, with a high estimate of -$1.06 and a low estimate of -$1.06, while EPS last year was -$5.76. The consensus estimate for the next quarter is -$0.34, with high estimates of -$0.34 and low estimates of -$0.34.

Analysts are recommending an EPS of between -$1.77 and -$1.77 for the fiscal current year, implying an average EPS of -$1.77. EPS for the following year is -$0.49, with 1.0 analysts recommending between -$0.49 and -$0.49.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $2M to a low estimate of $2M. As of the current estimate, Nuwellis Inc’s year-ago sales were $1.83MFor the next quarter, 1 analysts are estimating revenue of $2.39M. There is a high estimate of $2.39M for the next quarter, whereas the lowest estimate is $2.39M.

A total of 1 analysts have provided revenue estimates for NUWE’s current fiscal year. The highest revenue estimate was $10.16M, while the lowest revenue estimate was $10.16M, resulting in an average revenue estimate of $10.16M. In the same quarter a year ago, actual revenue was $8.86MBased on 1 analysts’ estimates, the company’s revenue will be $11.78M in the next fiscal year. The high estimate is $11.78M and the low estimate is $11.78M.

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