During the last session, Nuwellis Inc (NASDAQ:NUWE)’s traded shares were 9.82 million, with the beta value of the company hitting 0.21. At the end of the trading day, the stock’s price was $0.29, reflecting an intraday gain of 14.64% or $0.04. The 52-week high for the NUWE share is $5.73, that puts it down -1875.86 from that peak though still a striking 17.24% gain since the share price plummeted to a 52-week low of $0.24. The company’s market capitalization is $1.97M, and the average trade volume was 848.07K shares over the past three months.
Nuwellis Inc (NASDAQ:NUWE) trade information
Nuwellis Inc (NUWE) registered a 14.64% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 14.64% in intraday trading to $0.29, hitting a weekly high. The stock’s 5-day price performance is 10.98%, and it has moved by -29.51% in 30 days. Based on these gigs, the overall price performance for the year is -93.55%.
Nuwellis Inc (NUWE) estimates and forecasts
Statistics show that Nuwellis Inc has outperformed its competitors in share price, compared to the industry in which it operates. Nuwellis Inc (NUWE) shares have gone down -72.74% during the last six months, with a year-to-date growth rate more than the industry average at 80.12% against 14.60. In the rating firms’ projections, revenue will increase 17.40% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 2.12M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 2.44M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.83M and 2.08M respectively. In this case, analysts expect current quarter sales to grow by 16.10% and then jump by 17.60% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 84.44%. While earnings are projected to return 76.69% in 2024.
NUWE Dividends
Nuwellis Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
