Nu Holdings Ltd (NYSE:NU) shares, rose in value, with the stock price up by 1.49% to the previous day’s close as strong demand from buyers drove the stock to $14.00.
Actively observing the price movement in the recent trading, the stock is buoying the session at $13.79, falling within a range of $13.9 and $14.06. The PE ratio was 38.39 over 12-month period. Referring to stock’s 52-week performance, its high was $16.15, and the low was $9.67. On the whole, NU has fluctuated by 22.66% over the past month.
With the market capitalization of Nu Holdings Ltd currently standing at about $66.47 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 11.78B, with a low estimate of 2.82B and a high estimate of 3.51B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.17B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NU’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.77, with the price of NU currently trading nearly 7.43% and 17.48% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 70.40, while the 7-day volatility ratio is showing 2.69% which for the 30-day chart, stands at 3.38%. Furthermore, Nu Holdings Ltd (NU)’s beta value is 1.10, and its average true range (ATR) is 0.42.
A comparison of Nu Holdings Ltd (NU) with its peers suggests the former has fared considerably weaker in the market. NU showed an intraday change of 1.49% in today’s session so far, and over the past year, it grew by 41.08%%.
Data on historical trading for Nu Holdings Ltd (NYSE:NU) indicates that the trading volumes over the past 10 days have averaged 35.27 and over the past 3 months, they’ve averaged 41.28 million. According to company’s latest data on outstanding shares, there are 3.76 billion shares outstanding.
Nearly 33.89% of Nu Holdings Ltd’s shares belong to company insiders and institutional investors own 54.33% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 113.36 million shares as on 2025-01-31, resulting in a short ratio of 3.29. According to the data, the short interest in Nu Holdings Ltd (NU) stood at 303.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 135.97 million. The stock has risen by 35.09% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NU stock heading into the next quarter.
