7-Feb-2025
No headlines found.
Business Wire (Mon, 16-Dec 6:15 PM ET)
Nu Holdings Ltd. Reports Third Quarter 2024 Financial Results
Business Wire (Wed, 13-Nov 4:18 PM ET)
Nu Holdings Ltd is engaged in providing digital banking services. It offers several financial services such as Credit cards, Personal Account, Investments, Personal Loans, Insurance, Mobile payments, Business Accounts, and Rewards. The company earns the majority of its revenue in Brazil.
Nu Holdings Ltd. Class A trades on the NYSE stock market under the symbol NU.
As of February 7, 2025, NU stock price declined to $13.73 with 27,856,799 million shares trading.
NU has a market cap of $65.99 billion. This is considered a Large Cap stock.
Last quarter Nu Holdings Ltd. Class A reported $3 billion in Revenue and $.12 earnings per share. This beat revenue expectation by $89 million and exceeded earnings estimates by $.01.
In the last 3 years, NU traded as high as $16.15 and as low as $3.26.
The top ETF exchange traded funds that NU belongs to (by Net Assets): EWZ, IEMG, IWP, IWF, IWR.
NU has outperformed the market in the last year with a price return of +43.6% while the SPY ETF gained +22.0%. However, in the short term, NU had mixed performance relative to the market. It has underperformed in the last 3 months, returning -9.8% vs +1.2% return in SPY. But in the last 2 weeks, NU shares have fared better than the market returning +11.3% compared to SPY -1.2%.
NU support price is $13.42 and resistance is $14.14 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NU shares will trade within this expected range on the day.