Nu Holdings Ltd (NYSE:NU) traded at $13.71 at close of the session on current trade day and made an upward move of 2.08% on its previous day’s price.
Looking at the stock we see that its previous close was $13.43 and the beta (5Y monthly) reads 1.155 with the day’s price range being $13.48 – $13.75. The company has a trailing 12-month PE ratio of 43.69. In terms of its 52-week price range, NU has a high of $15.16 and a low of $7.68. The company’s stock has lost about -5.51% over that past 30 days.
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Nu Holdings Ltd has a market cap of $65.54 billion and is expected to release its quarterly earnings report in November.
On the other hand, looking at the outlook for the NU stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Buy.
Based on estimates by 9 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Nu Holdings Ltd (NU) stock as a Hold, while 8 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is -2.07% off its SMA20 and -0.29% from its 50-day simple moving average. The RSI (14) is pointing at 48.57 while the volatility over the past week is 2.52% and jumps to 2.80% over the past one month. The beta value is 1.16, while the average true range (ATR) is currently pointing at 0.42. The average price target for the stock over the next 12 months is $13.5, with the estimates having a low of $7 and a high of $16. These price ends are 48.94% and -16.7% off the current price level respectively, although investors could be excited at the prospect of a 1.53% if the NU share price touches on the median price of $13.5.
Coming back to Nu Holdings Ltd (NYSE:NU), we note that the average 3-month trading volume was 40.26 million, while that of the preceding 10-day period stands at 25.59 million. Current shares outstanding are 3.68 billion.
The insiders hold 37.04% of the company’s shares while institutions hold 50.24%. The data shows that short shares as of 2024-09-30, stood at 193.31 million at a short ratio of 3.34. This represents a 524.00 short interest in shares outstanding on 2024-09-30. Shares short rose in September from the previous month at 84.9 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 64.59% up in year-to-date price movement.
