The price of Nu Holdings Ltd (NYSE:NU) shares last traded on Wall Street rose 0.77% to $11.82.
NU stock price is now -1.00% away from the 50-day moving average and -8.13% away from the 200-day moving average. The market capitalization of the company currently stands at $56.51B.
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, Duggal Jagpreet Singh, Officer bought 83,405 shares of the company’s stock on Mar 14 ’25. The stock was bought for $1,000,592 at an average price of $12.00. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 14 ’25, Officer HENRIQUE CAMOSSA SALDANHA FRAG bought 25,000 shares of the business’s stock. A total of $287,500 was incurred on buying the stock at an average price of $11.50. A total of 34.10% of the company’s stock is owned by insiders.
During the past 12 months, Nu Holdings Ltd has had a low of $9.67 and a high of $16.15. According to the stock market information, the enterprise value for the company is $48824381440, which is based on a 29.31 price-to-earnings ratio, a 0.77 price-to-earnings-growth ratio, and a beta of 1.06. The fifty day moving average price for NU is $11.9398 and a two-hundred day moving average price translates $12.86545 for the stock.
The latest earnings results from Nu Holdings Ltd (NYSE: NU) was released for 2024-12-31. The net profit margin was 19.09% and return on equity was 28.07% 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.