Nu Holdings Ltd (NYSE:NU) price closed lower on Friday, April 12, dropping -2.25% below its previous close.
A look at the daily price movement shows that the last close reads $11.55. The company’s 5Y monthly beta was ticking 1.08 while its P/E ratio in the trailing 12-month period read 53.18. Taking into account the 52-week price action we note that the stock hit a 52-week high of $12.39 and 52-week low of $4.39. The stock subtracted -2.59% on its value in the past month. Nu Holdings Ltd, which has a market valuation of $52.91 billion, is expected to release its quarterly earnings report May 14, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give NU a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
The overview shows that NU’s price is at present -5.15% off the SMA20 and 2.52% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 42.19, with weekly volatility standing at 2.20%. The indicator jumps to 2.32% when calculated based on the past 30 days. Nu Holdings Ltd (NYSE:NU)’s beta value is holding at 1.09, while the average true range (ATR) indicator is currently reading 0.30. An analysis of the Nu Holdings Ltd (NYSE:NU) stock in terms of its daily trading volume indicates that the 3-month average is 32.25 million.
Current records show that the company has 3.68B in outstanding shares. The insiders’ percentage holdings are 43.59% of outstanding shares while the percentage share held by institutions stands at 43.49%. But the 35.53% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
