Nu Holdings, parent of digital bank Nubank, set the final offering price for its IPO at $9 a share, top end of a recently reduced range. That raised about $2.6 billion and valued the company at about $41 billion.
The stock opened for trading Thursday morning at $11.25 per share and closed at $10.33. It moved back above $11 on Friday.
Only you can make the decision on the time to leap... but here's some supporting information and analysis.
Over the last 12 months, Nu Holdings's shares have ranged in value from as little as $4.85 up to $12.385. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Nu Holdings's is 1.084. This would suggest that Nu Holdings's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Historical closes compared with the last close of $10.92
| 1 week (2024-04-16) | 1.20% |
|---|---|
| 1 month (2024-03-21) | -10.86% |
| 3 months (2024-01-23) | 21.33% |
| 6 months (2023-10-23) | 35.15% |
| 1 year (2023-04-23) | 121.95% |
| 2 years (2022-04-21) | 63.47% |
| 3 years (2021-04-17) | N/A |
The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.
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Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Nu Holdings P/E ratio, PEG ratio and EBITDA
Nu Holdings's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 50x. In other words, Nu Holdings stocks trade at around 50x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
However, Nu Holdings's P/E ratio is best considered in relation to those of others within the industry or those of similar companies.
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