Nu Holdings Ltd (NU) average volume reaches $42.70M: Is Wall Street expecting a rally?

Nu Holdings Ltd (NYSE: NU) on Monday, soared 1.02% from the previous trading daybefore settling in for the closing price of $14.74. Within the past 52 weeks, NU’s price has moved between $6.77 and $15.10.

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Financial Sector giant saw their annual sales surged by 94.53% over the last five years. The company achieved an average annual earnings per share of 73.35%. With a float of $3.01 billion, this company’s outstanding shares have now reached $3.68 billion.

The firm has a total of 7686 workers. Let’s measure their productivity. In terms of profitability, gross margin is 67.85%, operating margin of 26.23%, and the pretax margin is 26.23%.

Nu Holdings Ltd (NU) Insider Activity

Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of Nu Holdings Ltd is 37.04%, while institutional ownership is 54.98%. The most recent insider transaction that took place on Sep 13 ’24, was worth 2,176,500. Before that another transaction happened on Sep 04 ’24, when Company’s Director proposed sale 10,000 for $14.27, making the entire transaction worth $142,732.

Nu Holdings Ltd (NU) Earnings and Forecasts

As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.07 earnings per share (EPS) for the period topping the consensus outlook (set at 0.06) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 73.35% per share during the next fiscal year.

Nu Holdings Ltd (NYSE: NU) Trading Performance Indicators

Nu Holdings Ltd (NU) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.85. Likewise, its price to free cash flow for the trailing twelve months is 5.87.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.31, a number that is poised to hit 0.11 in the next quarter and is forecasted to reach 0.60 in one year’s time.

Technical Analysis of Nu Holdings Ltd (NU)

Analysing the last 5-days average volume posted by the [Nu Holdings Ltd, NU], we can find that recorded value of 25.24 million was lower than the volume posted last year of 33.37 million. As of the previous 9 days, the stock’s Stochastic %D was 78.30%. Additionally, its Average True Range was 0.49.

During the past 100 days, Nu Holdings Ltd’s (NU) raw stochastic average was set at 96.04%, which indicates a significant increase from 87.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.38% in the past 14 days, which was higher than the 39.66% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.32, while its 200-day Moving Average is $11.27. Now, the first resistance to watch is $15.03. This is followed by the second major resistance level at $15.16. The third major resistance level sits at $15.31. If the price goes on to break the first support level at $14.75, it is likely to go to the next support level at $14.60. Should the price break the second support level, the third support level stands at $14.47.

Nu Holdings Ltd (NYSE: NU) Key Stats

Market capitalization of the company is 71.18 billion based on 4,765,937K outstanding shares. Right now, sales total 8,029 M and income totals 1,031 M. The company made 2,849 M in profit during its latest quarter, and 487,270 K in sales during its previous quarter.