Nuwellis Inc (NASDAQ:NUWE)’s traded shares stood at 0.74 million during the last session, with the company’s beta value hitting 0.45. At the close of trading, the stock’s price was $1.27, to imply a decrease of -26.16% or -$0.45 in intraday trading. The NUWE share’s 52-week high remains $92.75, putting it -7203.15% down since that peak but still an impressive -33.86% since price per share fell to its 52-week low of $1.70. The company has a valuation of $1.42M, with an average of 0.35 million shares in intraday trading volume over the past 10 days and average of 405.85K shares over the past 3 months.
Nuwellis Inc (NASDAQ:NUWE) trade information
After registering a -26.16% downside in the last session, Nuwellis Inc (NUWE) has traded red over the past five days. The 5-day price performance for the stock is -31.35%, and -49.20% over 30 days. With these gigs, the year-to-date price performance is -93.75%. Short interest in Nuwellis Inc (NASDAQ:NUWE) saw shorts transact 0.23 million shares and set a 0.27 days time to cover.
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Nuwellis Inc (NUWE) estimates and forecasts
Looking at statistics comparing Nuwellis Inc share performance against respective industry, we note that the company has outperformed competitors. Nuwellis Inc (NUWE) shares are -94.06% down over the last 6 months, with its year-to-date growth rate higher than industry average at 97.13% against 12.40%. The rating firms project that company’s revenue will grow 1.20% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 2.36M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 2.56M.Earnings reports from the last fiscal year show that sales brought in 2.41M and 2.55M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -2.20% before jumping 0.40% in the following quarter.
NUWE Dividends
Nuwellis Inc has its next earnings report out on 2024-Nov-05. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Nuwellis Inc (NASDAQ:NUWE)’s Major holders
Nuwellis Inc insiders hold 2.16% of total outstanding shares, with institutional holders owning 0.88% of the shares at 0.90% float percentage. In total, 0.88% institutions holds shares in the company.
We also have Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Nuwellis Inc (NUWE) shares. Going by data provided on Jun 30, 2024 , Fidelity Extended Market Index Fund holds roughly 2.98 shares. This is just over 0.22% of the total shares, with a market valuation of $3779.0. Data from the same date shows that the other fund manager holds a little less at 1.43, or 0.10% of the shares, all valued at about 1812.0.
