Currently, there are 1.87M common shares owned by the public and among those 1.12M shares have been available to trade.
The company’s stock has a 5-day price change of 18.63% and -13.57% over the past three months. NUWE shares are trading 9.01% year to date (YTD), with the 12-month market performance down to -92.68% lower. It has a 12-month low price of $0.92 and touched a high of $27.61 over the same period. NUWE has an average intraday trading volume of 2.62 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 10.73%, -7.00%, and -69.52% respectively.
Institutional ownership of Nuwellis Inc (NASDAQ: NUWE) shares accounts for 5.81% of the company’s 1.87M shares outstanding.
It has a market capitalization of $5.29M and a beta (3y monthly) value of 0.29. The earnings-per-share (ttm) stands at -$116.60. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.31% over the week and 8.57% over the month.
Analysts forecast that Nuwellis Inc (NUWE) will achieve an EPS of 0 for the current quarter, 0 for the next quarter and 0 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0 while analysts give the company a high EPS estimate of 0. Earnings per share for the fiscal year are expected to increase by 90.42%, and 95.32% over the next financial year.
Looking at the support for the NUWE, a number of firms have released research notes about the stock. ROTH MKM stated their Buy rating for the stock in a research note on July 29, 2024, with the firm’s price target at $17.
