As of Friday close, Nu Holdings Ltd.’s (NYSE:NU) stock was up $0.08, moving up 1.03 percent to $7.85. The average number of shares traded per day over the past five days has been 15,915,580 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.05 fall in that time frame. In the last twenty days, the average volume was 19,817,670, while in the previous 50 days, it was 24,780,252.
Since last month, NU stock rose 2.35%. Shares of the company fell to $7.54 on 07/20/23, the lowest level in the past month. A 52-week high of $8.29 was reached on 07/13/23 after having rallying from a 52-week low of $3.39. Since the beginning of this year, NU’s stock price has risen by 92.87% or $3.78, and marked a new high 29 times. However, the stock has declined by -5.31% since its 52-week high.
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Valuation Metrics
The stock’s beta is 1.18. Besides these, the trailing price-to-sales (P/S) ratio of 6.59, the price-to-book (PB) ratio of 7.07, and the price-to-cash flow ratio of 58.26 may also be considered.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.12, and the total debt-to-equity ratio was 3.18. On the profitability front, the trailing twelve-month gross margin is 65.50% percent. In the year ended March 30, EBITDA margin amounted to -7.32%, whereas operating margins totaled 0.00%. Based on annual data, NU earned $2.01 billion in gross profit and brought in $3.56 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -1.70%. Return on equity (ROE) for the past 12 months was -3.60%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected Nu Holdings Ltd. to report $0.02 quarterly earnings, the actual figure was $0.04 per share.
Technical Picture
This quick technical analysis looks at Nu Holdings Ltd.’s (NU) price momentum. With a historical volatility rate of 28.45%, the RSI 9-day stood at 52.24% on 04 August.
With respect to its five-day moving average, the current Nu Holdings Ltd. price is down by -0.63% percent or -$0.05. At present, NU shares trade +0.90% above its 20-day simple moving average and +73.67% percent above its 100-day simple moving average. However, the stock is currently trading approximately +14.77% above its SMA50 and +78.82% above its SMA200.
Stochastic coefficient K was 46.33% and Stochastic coefficient D was 46.95%, while ATR was 0.23. Given the Stochastic reading of 54.39% for the 14-day period, the RSI (14) reading has been calculated as 54.36%. As of today, the MACD Oscillator reading stands at -0.04, while the 14-day reading stands at -0.01.
Analyst Ratings
Nu Holdings Ltd. downgraded its rating on Nu Holdings Ltd. (NYSE: NU) to a Neutral in a note to investors on May 18, 2023. The analysts firm previously had a Buy rating on the stock.Nu Holdings Ltd. (NU) has been rated Overweight by analysts. According to 2 brokerage firms, NU is a sell, and 7 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Nu Holdings Ltd. stock as buy, with 10 recommending it as overweight.
With a median target price of $8.30, the current consensus forecast for the stock is $4.00 – $11.00. Based on these forecasts, analysts predict Nu Holdings Ltd. (NU) will achieve an average price target of $8.01.
