As far as undervalued plays go, Nuwellis, Inc. (NASDAQ: NUWE) could be one of the most undervalued stocks thanks to its cash balance which dwarfs its market cap. Additionally, NUWE has an FDA-cleared device which the company realizes revenues from. With the stock trading near its all-time low, NUWE stock could be one to watch closely in anticipation of a...
Nuwellis, Inc., a medical device company, focuses on developing, manufacturing, and commercializing medical devices used in ultrafiltration therapy. The company's products are the Aquadex FlexFlow and Aquadex SmartFlow systems, which are indicated for the treatment of patients suffering from fluid overload who have failed diuretics. Its Aquadex FlexFlow system...
NASDAQ:NUWE Asking price now 7.54 potential upside with Fibonacci targets
Although, the RSI is oversold, I still don't see the bottom here. MACD just turned red, and the trend indicates that it could go as low as $0.05's. I would wait before buying any shares of this. Or play for a dead cat bounce.
More drops on NUWE incoming. Fractally an evident zigzag. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are...
Revenue for the first quarter ended March 31, 2021, was $1.9 million, an increase of 18 percent compared to the prior-year period Increased Aquadex therapy utilization amongst strategic Critical Care accounts; highest levels seen in the past five quarters Enrolled first pediatric patient into the clinical registry in April 2021 Received strong endorsements for...
Nuwellis Inc is a medical device company. Its solutions include Aquadex Smartflow System and RenalSense Clarity RMS. The Aquadex Smartflow System removes excess fluid from patients suffering from fluid overload who have not responded to medical management, including diuretics. Clarity RMS is a kidney monitoring system that continuously measures urine output and...