Currently, Nuwellis Inc [NUWE] is trading at $0.3, up 10.70%%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NUWE shares have gain 5.98% over the last week, with a monthly amount drifted -67.13%, and not 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.
This stock has fluctuated between a low of $0.21 and a high of $8.23 over the last 52 weeks. Nuwellis Inc [NASDAQ: NUWE] shares were valued at $0.3 at the most recent close of the market.
Analyzing the NUWE fundamentals
Trailing Twelve Months sales for Nuwellis Inc [NASDAQ:NUWE] were 8.79M which represents 2.53% growth. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at -1.06%, Pretax Profit Margin comes in at -1.12%, and Net Profit Margin reading is -1.12%. To continue investigating profitability, this company’s Return on Assets is posted at -1.41, Equity is -6.1 and Total Capital is -2.18. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.14.
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 0.2663 points at the first support level, and at 0.2367 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.3202, and for the 2nd resistance point, it is at 0.3445.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Nuwellis Inc [NASDAQ:NUWE] is 2.23. In addition, the Quick Ratio stands at 1.59 and the Cash Ratio stands at 0.93. Considering the valuation of this stock, the price to sales ratio is 0.16, the price to book ratio is 0.36.
