The price of Nu Holdings Ltd (NYSE:NU) shares last traded on Wall Street rose 1.60% to $13.95.
NU stock price is now 17.77% away from the 50-day moving average and 8.61% away from the 200-day moving average. The market capitalization of the company currently stands at $66.25B.
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With the price target reduced from $14.60 to $11, Citigroup Downgraded its rating from Neutral to Sell for Nu Holdings Ltd (NYSE: NU). , while ‘UBS’ rates the stock as ‘Neutral’
In other news, GUILHERME MARQUES DO LAGO, Officer bought 150,400 shares of the company’s stock on Feb 10 ’25. The stock was bought for $2,064,992 at an average price of $13.73. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 07 ’25, Officer Youssef Lahrech bought 199,000 shares of the business’s stock. A total of $2,776,050 was incurred on buying the stock at an average price of $13.95. A total of 34.17% of the company’s stock is owned by insiders.
During the past 12 months, Nu Holdings Ltd has had a low of $9.44 and a high of $16.15. According to the stock market information, the enterprise value for the company is $61120499712, which is based on a 38.26 price-to-earnings ratio, a 0.77 price-to-earnings-growth ratio, and a beta of 1.10. The fifty day moving average price for NU is $11.8508 and a two-hundred day moving average price translates $12.82905 for the stock.
The latest earnings results from Nu Holdings Ltd (NYSE: NU) was released for 2024-09-30. The net profit margin was 18.16% and return on equity was 26.31% for NU. The company reported revenue of $2.47 billion for the quarter, compared to $1.73 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 42.77 percent. For the current quarter, analysts expect NU to generate $3.17B in revenue.
