Nuzee Inc (NASDAQ: NUZE) is -78.86% lower on its value in year-to-date trading and has touched a low of $0.47 and a high of $8.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NUZE stock was last observed hovering at around $0.54 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.54, the stock is -48.81% and -71.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.82 million and changing -0.54% at the moment leaves the stock -70.50% off its SMA200. NUZE registered -93.49% loss for a year compared to 6-month gain of -58.05%. The firm has a 50-day simple moving average (SMA 50) of $1.87926 and a 200-day simple moving average (SMA200) of $1.802345.
The stock witnessed a -66.23% loss in the last 1 month and extending the period to 3 months gives it a -66.01%, and is -47.86% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 60.45% over the week and 25.32% over the month.
Nuzee Inc (NUZE) has around 38 employees, a market worth around $2.69M and $3.11M in sales. Profit margin for the company is -246.55%. Distance from 52-week low is 14.40% and -93.29% from its 52-week high.
Nuzee Inc quarterly earnings per share for the current quarter are estimated at 0.0 with sales reaching $2.4M over the same period., but quarterly earnings will post 97.10% year-over-year. Quarterly sales are estimated to grow 206.50% in year-over-year returns.
3.0 institutions hold shares in Nuzee Inc (NUZE), with institutional investors hold 1.09% of the company’s shares. The shares outstanding are 5.01M, and float is at 2.87M with Short Float at 0.79%. Institutions hold 0.51% of the Float.
Nuzee Inc (NUZE) Insider Activity
The most recent transaction is an insider sale by Zhang Xiang, the company’s 10% Owner. SEC filings show that Zhang Xiang sold 139,357 shares of the company’s common stock on Jul 24 ’24 at a price of $1.27 per share for a total of $0.18 million. Following the sale, the insider now owns 0.0 shares.
Nuzee Inc disclosed in a document filed with the SEC on Jul 24 ’24 that Liu Yumei (10% Owner) sold a total of 83,615 shares of the company’s common stock. The trade occurred on Jul 24 ’24 and was made at $1.98 per share for $0.17 million. Following the transaction, the insider now directly holds 0.54 million shares of the NUZE stock.
Still, SEC filings show that on Jul 18 ’24, Liu Yumei (10% Owner) acquired 542,517 shares at an average price of $1.47 for $0.8 million. The insider now directly holds 626,132 shares of Nuzee Inc (NUZE).
