On Monday, Nuwellis Inc (NASDAQ: NUWE) opened higher 31.76% from the last session, before settling in for the closing price of $1.48. Price fluctuations for NUWE have ranged from $1.00 to $43.75 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 12.67% over the last five years. Company’s average yearly earnings per share was noted 89.47% at the time writing. With a float of $1.12 million, this company’s outstanding shares have now reached $1.12 million.
The firm has a total of 59 workers. Let’s measure their productivity. In terms of profitability, gross margin is 60.28%, operating margin of -153.38%, and the pretax margin is -232.15%.
Nuwellis Inc (NUWE) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Medical Devices industry is another important factor to consider. The insider ownership of Nuwellis Inc is 0.01%, while institutional ownership is 3.74%.
Nuwellis Inc (NUWE) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -63.35 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -108.97) by 45.62. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.59 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 89.47% per share during the next fiscal year.
Nuwellis Inc (NASDAQ: NUWE) Trading Performance Indicators
Check out the current performance indicators for Nuwellis Inc (NUWE). In the past quarter, the stock posted a quick ratio of 0.71. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -181.62, a number that is poised to hit -1.28 in the next quarter and is forecasted to reach -2.60 in one year’s time.
Technical Analysis of Nuwellis Inc (NUWE)
Analysing the last 5-days average volume posted by the [Nuwellis Inc, NUWE], we can find that recorded value of 0.97 million was better than the volume posted last year of 0.34 million. As of the previous 9 days, the stock’s Stochastic %D was 44.41%. Additionally, its Average True Range was 0.28.
During the past 100 days, Nuwellis Inc’s (NUWE) raw stochastic average was set at 10.19%, which indicates a significant decrease from 62.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 208.58% in the past 14 days, which was higher than the 180.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4685, while its 200-day Moving Average is $8.7618. Now, the first resistance to watch is $2.3767. This is followed by the second major resistance level at $2.8033. The third major resistance level sits at $3.2167. If the price goes on to break the first support level at $1.5367, it is likely to go to the next support level at $1.1233. Now, if the price goes above the second support level, the third support stands at $0.6967.
Nuwellis Inc (NASDAQ: NUWE) Key Stats
There are currently 516K shares outstanding in the company with a market cap of 2.18 million. Presently, the company’s annual sales total 8,860 K according to its annual income of -20,210 K. Last quarter, the company’s sales amounted to 2,190 K and its income totaled -7,730 K.
