Putting The Spotlight On Nuwellis Inc (NUWE)

Nuwellis Inc (NASDAQ:NUWE) currently has a daily average trading volume of 264.32K but it saw 1004018 shares traded in last market. With a market cap of 0.47M USD, the company’s current market price of $2.49 came falling about -40.00 while comparing to the previous closing price of $4.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $98.35 and as low as $3.34.

Taking a look at 20-day trading activity of Nuwellis Inc (NUWE) gives us an average price of $4.13, while its current price level is -97.47% below from 52-week high level whereas it is -25.45% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $6.54 while that of 200 days or SMA-200 reads an average of $16.09. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.01% during that period while stretching the period over a month that increases to 20.36%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 29.68 which implies that the stock is in oversold territory.

Over the week, NUWE’s stock price is moving -41.69% down while it is -67.03% when we observe its performance for the past one month. Year-to-date it is -87.75% down and over the past year, the stock is showing a downside performance of -97.15%.

Currently, Nuwellis Inc’s total number of outstanding shares is 0.19M. Company’s return on investment (ROI) stands at -1449.53% and return on equity (ROE) at -248.18%. Stock’s beta reads 0.43. Stock has a price to book (P/B) ratio of 0.55 while price to sale or P/S ratio amounts to 0.05. Its return on asset (ROA) is -143.62% on average.