Currently, there are 3.68B common shares owned by the public and among those 3.01B shares have been available to trade.
The company’s stock has a 5-day price change of 4.60% and 16.10% over the past three months. NU shares are trading 60.98% year to date (YTD), with the 12-month market performance up to 69.75% higher. It has a 12-month low price of $6.61 and touched a high of $13.41 over the same period. NU has an average intraday trading volume of 25.79 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 8.11%, 11.86%, and 33.88% respectively.
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Institutional ownership of Nu Holdings Ltd (NYSE: NU) shares accounts for 47.34% of the company’s 3.68B shares outstanding.
It has a market capitalization of $64.11B and a beta (3y monthly) value of 1.14. The stock’s trailing 12-month PE ratio is 51.50, while the earnings-per-share (ttm) stands at $0.26. The company has a debt-to-equity ratio at 0.30. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.51% over the week and 3.56% over the month.
Earnings per share for the fiscal year are expected to increase by 63.78%, and 51.63% over the next financial year.
Looking at the support for the NU, a number of firms have released research notes about the stock. Barclays stated their Overweight rating for the stock in a research note on June 26, 2024, with the firm’s price target at $15. Jefferies was of a view on October 16, 2023 that the stock is Buy, while New Street gave the stock Neutral rating on October 05, 2023, issuing a price target of $8.25- $8.10. JP Morgan on their part issued Overweight rating on September 11, 2023.
