Nuwellis Inc [NUWE] stock prices are up 11.52% to $1.21 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The NUWE shares have gain 18.63% over the last week, with a monthly amount glided 1.68%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Nuwellis Inc [NASDAQ: NUWE] stock has seen the most recent analyst activity on July 29, 2024, when ROTH MKM initiated its Buy rating and assigned the stock a price target of $17.
The stock price of Nuwellis Inc [NUWE] has been fluctuating between $0.92 and $27.61 over the past year. Nuwellis Inc [NASDAQ: NUWE] shares were valued at $1.21 at the most recent close of the market.
Analyzing the NUWE fundamentals
The Nuwellis Inc [NASDAQ:NUWE] reported sales of 8.97M for trailing twelve months, representing a drop of -1.87%. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at -1.36%, Pretax Profit Margin comes in at -1.69%, and Net Profit Margin reading is -1.64%. To continue investigating profitability, this company’s Return on Assets is posted at -2.18, Equity is -266.64 and Total Capital is -3.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.19.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.1033 points at the first support level, and at 0.9965 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.2731, and for the 2nd resistance point, it is at 1.3361.
Ratios To Look Out For
It’s worth pointing out that Nuwellis Inc [NASDAQ:NUWE]’s Current Ratio is 2.03. On the other hand, the Quick Ratio is 1.34, and the Cash Ratio is 0.71. Considering the valuation of this stock, the price to sales ratio is 0.59, the price to book ratio is 0.71.
