In today’s recent session, 0.69 million shares of the Nuwellis Inc (NASDAQ:NUWE) have been traded, and its beta is 0.42. Most recently the company’s share price was $0.23, and it changed around $0.0 or -1.48% from the last close, which brings the market valuation of the company to $1.54M. NUWE at last check was trading at a discount to its 52-week high of $3.83, offering almost -1565.22% off that amount. The share price’s 52-week low was $0.12, which indicates that the recent value has risen by an impressive 47.83% since then. We note from Nuwellis Inc’s average daily trading volume that its 3-month average coming to 5.58 million.
Nuwellis Inc (NASDAQ:NUWE) trade information
Instantly NUWE has been showing red trend so far today with a performance of -1.48% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently down -60.92% year-to-date, but still down -12.69% over the last five days. On the other hand, Nuwellis Inc (NASDAQ:NUWE) is -32.24% down in the 30-day period.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Nuwellis Inc (NUWE) estimates and forecasts
Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 94.50% in revenue this quarter, and will report an increase of 95.00% in the next quarter. The year-over-year growth rate is expected to be 1.30%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of $2.11 million in revenue for the current quarter. 1 analysts expect Nuwellis Inc to make $2.41 million in revenue for the quarter ending Sep 2024. The company’s sales for the same quarters a year ago were $2.08 million and $2.41 million respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 1.70%. Forecasts for the next quarter put sales growth at -0.10%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 84.44%.
