Nu Holdings Ltd (NU) saw downtrend of -1.01% in the recent trading with $11.79 being its most recent. The current price level -4.80% lower than the highest price of $12.39 marked by the stock while trading over the past 52-weeks, whereas it is 169.18% higher than the lowest price of $4.38 the company dropped to over past 52-weeks. The latest news story on NU appeared in (Motley Fool) under the title “2 Potentially Explosive Crypto Stocks to Buy in April”.
Squeezing the time span to 30 day period shows us the stock is currently trading -4.80% below one month high and is +7.77% above of the lowest during that time. Looking into the simple moving average, Nu Holdings Ltd (NU)’s stock stands at a SMA-50 of $10.75 while that of 5-day is reading $11.86.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and NU’s SMA-200 as of now is $8.60.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.94 for the stock.
Nu Holdings Ltd Earnings – What Happened With NU
Coming around sales and income figures on NU Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Nu Holdings Ltd (NU) last released financial results for the quarter that ended 12/30/2023, posting a surprise factor of 0.00% for net revenue.
NU – Nu Holdings Ltd Stock Earnings Estimates
The perspective of Nu Holdings Ltd (NYSE:NU)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.08 for stock’s EPS in the current quarter. 5 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was 0.08.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 3.68 billion. NU does have institutional investors; and they hold 43.64% of the stock.
Nu Holdings Ltd – Insider Activity and Holdings
As on Jun 29, 2023, Sc Us (ttgp), Ltd. was the top most holder in Nu Holdings Ltd (NYSE:NU) with an ownership of 414.28 million shares of the company or 11.51% of the stake worth $3.27 billion. The filing also reveals Galileo (ptc) Ltd as the second largest holder in the company with a control over 9.57% of the outstanding shares. Its stake is worth $2.72 billion for having 344.54 million shares in hand.
Capital Research Global Investors also came holding a key position in the company during the recent quarter and it now holds 3.48% of the outstanding shares. With this there are now 695 institutions which have possession in NU’s shares.
Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.94 for the stock.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Nu Holdings Ltd has a debt to equity ratio of 0.18.
Technical Analysis of Nu Holdings Ltd (NYSE:NU) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Nu Holdings Ltd (NU), we notice that the stock’s 20-day average volume is at 26,947,635 shares and 50% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 33,736,125 shares. And to end, NU’s 100-day average volume is 30,535,771 shares with 100% of the long-term indicators pointing towards Buy for the stock.
