Nu Holdings Ltd (NYSE:NU) shares, rose in value, with the stock price down by -1.37% to the previous day’s close as strong demand from buyers drove the stock to $10.77.
Actively observing the price movement in the last trading, the stock closed the session at $10.92. The PE ratio was 50.73 over 12-month period. Referring to stock’s 52-week performance, its high was $12.39, and the low was $4.85. On the whole, NU has fluctuated by -11.50% over the past month.
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% Buy 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, with the price of NU currently trading nearly -5.91% and -4.25% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.29, while the 7-day volatility ratio is showing 3.32% which for the 30-day chart, stands at 2.79%. Furthermore, Nu Holdings Ltd (NU)’s beta value is 1.11, and its average true range (ATR) is 0.32.
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 -1.37% in last session, and over the past year, it grew by 118.90%%.
Data on historical trading for Nu Holdings Ltd (NYSE:NU) indicates that the trading volumes over the past 3 months, they’ve averaged 30.54 million. According to company’s latest data on outstanding shares, there are 3.68 billion shares outstanding.
Nearly 43.33% of Nu Holdings Ltd’s shares belong to company insiders and institutional investors own 42.66% of the company’s shares. The stock has risen by 29.29% 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.
