In the last trading session, 1.84 million Nuwellis Inc (NASDAQ:NUWE) shares changed hands as the company’s beta touched 0.32. With the company’s per share price at $1.23 changed hands at -$0.02 or -1.60% during last session, the market valuation stood at $5.38M. NUWE’s last price was a discount, traded about -2144.72% off its 52-week high of $27.61. The share price had its 52-week low at $0.92, which suggests the last value was 25.2% up since then. When we look at Nuwellis Inc’s average trading volume, we note the 10-day average is 2.01 million shares, with the 3-month average coming to 2.82 million.
Nuwellis Inc (NASDAQ:NUWE) trade information
Instantly NUWE was in red as seen at the end of in last trading. With action -7.52%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 10.81%, with the 5-day performance at -7.52% in the red. However, in the 30-day time frame, Nuwellis Inc (NASDAQ:NUWE) is 9.82% up. Looking at the short shares, we see there were 0.32 million shares sold at short interest cover period of 0.26 days.
Nuwellis Inc (NUWE) estimates and forecasts
Data shows that the Nuwellis Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -56.54% over the past 6 months, a 97.97% in annual growth rate that is considerably higher than the industry average of 15.00%. Year-over-year growth is forecast to reach 0.17% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 2.46M. 2 analysts are of the opinion that Nuwellis Inc’s revenue for the current quarter will be 2.35M. The company’s revenue for the corresponding quarters a year ago was 2.55M and 1.86M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -3.51%. The estimates for the next quarter sales put growth at 26.36%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 84.44%. The 2025 estimates are for Nuwellis Inc earnings to increase by 90.42%.
NUWE Dividends
Nuwellis Inc is expected to release its next quarterly earnings report in March.
Nuwellis Inc (NASDAQ:NUWE)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.60% of Nuwellis Inc shares while 1.46% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 1.48%.
Among Mutual Funds, the top two as of Oct 31, 2024 were Fidelity Extended Market Index Fund and Fidelity Total Market Index Fund . With 7.48 shares estimated at $9197.0 under it, the former controlled 0.17% of total outstanding shares. On the other hand, Fidelity Total Market Index Fund held about 0.07% of the shares, roughly 3.19 shares worth around $3922.0.
