Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Nuwellis Inc’s current trading price is -96.01% away from its 52-week high, while its distance from the 52-week low is 29.91%. The stock’s price range during this period has varied between $0.92 and $30.10. The company, active in the Healthcare sector, saw a trading volume of around 1.37 million for the day, considerably lower average daily volume of 2.83 million observed over the last three months.
Nuwellis Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $30.10 on 01/04/24, while the lowest price during the same period was $0.92 on 12/19/24.
How Financial Performance Impacts Market Capitalization
Nuwellis Inc (NUWE) has experienced a quarterly decline of -18.92% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.25M and boasts a workforce of 59 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.4686, with a change in price of -1.3400. Similarly, Nuwellis Inc recorded 1,909,137 in trading volume during the last 100 days, posting a change of -52.76%.
How NUWE’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for NUWE stands at 0.19. Similarly, the long-term debt-to-equity ratio is also 0.12.
NUWE Stock Stochastic Average
As of today, the raw stochastic average of Nuwellis Inc over the last 50 days is at 8.46%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 58.01%. Further, the company’s Stochastic %K and %D values for the last 20 days were 45.41% and 43.08%, respectively.
NUWE Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 8.11%. However, over the past six months, we’ve seen a stronger performance of -70.87%. The price of NUWE leaped by -9.09% over the last 30 days. And in the last five days, it has surged by 10.60%.
