Nuwellis Inc (NASDAQ:NUWE) traded at $0.28 at close of the session on Friday, June 20 and made an upward move of 0.27% on its previous day’s price.
Looking at the stock we see that its previous close was $11.00 and the beta (5Y monthly) reads 0.464 with the day’s price range being $0.2644 – $0.2848. In terms of its 52-week price range, NUWE has a high of $8.23 and a low of $0.21. The company’s stock has lost about -72.04% over that past 30 days.
Nuwellis Inc has a market cap of $1.28 million and is expected to release its quarterly earnings report on 2025-May-13.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 2.2M, with a low of 2.2M and a high of 2.2M. The median projection represents growth squeezing down to 0.27% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 9.13M, or 4.44% up from figures reported last year.
On the other hand, looking at the outlook for the NUWE stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell.
Looking further, we note the current price level is 38 off its SMA20 and 0.07 from its 50-day simple moving average. The beta value is -99.99%, while the average true range (ATR) is currently pointing at -100.00%.
Coming back to Nuwellis Inc (NASDAQ:NUWE), we note that the average 3-month trading volume was 2.86, while that of the preceding 10-day period stands at 59.8 million. Current shares outstanding are 4.78 million.
The insiders hold 5.47% of the company’s shares while institutions hold 2.89%. The data shows that short shares as of 2025-05-30, stood at 50999.0 at a short ratio of 1.06. This represents a 117.00 short interest in shares outstanding on 2025-05-30. Shares short fall in May from the previous month at 58601.0. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -95.87% down in year-to-date price movement.