Nuwellis Inc (NASDAQ:NUWE) has a beta value of 0.26 and has seen 2.19 million shares traded in the recent trading session. The company, currently valued at $1.05M, closed the recent trade at $0.15 per share which meant it lost -$0.02 on the day or -7.63% during that session. The NUWE stock price is -3720.0% off its 52-week high price of $5.73 and 0.0% above the 52-week low of $0.15. The 3-month trading volume is 1.28 million shares.

Nuwellis Inc (NASDAQ:NUWE) trade information

Sporting -7.63% in the red today, the stock has traded in the red over the last five days, when the NUWE stock price touched $0.15 or saw a rise of 62.5%. Year-to-date, Nuwellis Inc shares have moved -73.32%, while the 5-day performance has seen it change -53.60%. Over the past 30 days, the shares of Nuwellis Inc (NASDAQ:NUWE) have changed -56.40%.

Nuwellis Inc (NUWE) estimates and forecasts

Figures show that Nuwellis Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -83.51% over the past 6 months, with this year growth rate of 80.12%, compared to 14.60% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 83.90% and 80.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be 17.40%.

2 analysts offering their estimates for the company have set an average revenue estimate of $2.12 million for the current quarter. 2 have an estimated revenue figure of $2.44 million for the next quarter concluding in Jun 2024. Year-ago sales stood $1.83 million and $2.08 million respectively for this quarter and the next, and analysts expect sales will grow by 16.10% for the current quarter and 17.60% for the next. If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 84.44% over the past 5 years.