Nuwellis, Inc. (NUWE) stock

NUWENasdaqElectromedical & Electrotherapeutic ApparatusFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 12, 2026Score 10/3082% below fair value

$5.03−0.50 (-9.04%)

Close on Nov 12, 2026Market cap $2.72MP/E –Yield –

Nuwellis statistics

76 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Q3 FY2026, expected soon
Last ex-dividend date: No dividends
Fundamentals through: Sep 30, 2026
Share price as of: Nov 12, 2026

Valuation ratiosIndustry

Market Cap: $2.72M; $501.02M
Enterprise Value: -$5.57M; $422.54M
PS Ratio: 0.30; 3.03
PB Ratio: 0.28; 3.29
P/TBV Ratio: 0.28; 4.85

Enterprise valuationIndustry

EV / Sales: -0.62; 2.70

Share statisticsIndustry

Shares Outstanding: 540,912; 43M
Shares Change (QoQ): -5.84%; 0.16%
Shares Held by Institutions: 3.88%; 60.2%

Short sellingIndustry

Short Interest: 195,586; –
Short Interest Change: 118.9%; -2.57%
Short % of Shares Outstanding: 36.2%; 3.98%
Days to Cover: 1.00; 3.94

Stock price statisticsIndustry

52-Week High: $1556.16; –
52-Week Low: $2.52; –
20-Day Moving Average: $4.94; –
50-Day Moving Average: $6.07; –
200-Day Moving Average: $203.93; –
Average True Range (14): $0.80; –
Price Change (1 Week): 7.94%; 1.87%
Price Change (1 Month): 5.45%; -0.57%
Price Change (3 Months): -57.3%; -7.91%
Price Change (6 Months): -98.4%; -0.90%
Price Change (YTD): -99.1%; -0.87%
Price Change (1 Year): -99.4%; -1.18%
Price Change (3 Years): -99.9%; 6.56%
Price Change (5 Years): -100.0%; -49.8%
Average Volume (10 Days): 114,565; –
Average Volume (20 Days): 2M; –
Average Volume (90 Days): 814,403; –
Relative Volume: 0.03; 0.82
Relative Strength Index (14): 45.3; 47.7
Volatility (1 Year): 227.8%; 64.2%

MarginsIndustry

Gross Margin: 70.8%; 55.9%
Operating Margin: -135.8%; -5.17%
Pretax Margin: -152.8%; -2.55%
Profit Margin: -152.8%; -9.23%
EBITDA Margin: -134.2%; -2.82%
FCF Margin: -136.6%; 0.40%

Returns on capitalIndustry

Return on Equity (ROE): -200.1%; -17.1%
Return on Assets (ROA): -128.4%; -12.2%
Return on Invested Capital (ROIC): -815.9%; -3.22%
Return on Capital Employed (ROCE): -117.0%; -8.13%

Financial positionIndustry

Current Ratio: 3.99; 2.45
Quick Ratio: 3.24; 1.53

GrowthIndustry

Revenue Growth (YoY): 10.3%; 9.24%
Revenue Growth (3Y CAGR): -1.08%; 7.08%
Revenue Growth (5Y CAGR): 2.14%; 11.8%

EfficiencyIndustry

Asset Turnover: 0.84; 0.59
Inventory Turnover: 1.33; 2.20
Revenue Per Employee: $375.33K; $330.60K
Profits Per Employee: -$573.33K; -$41.39K
Employee Count: 24; 186

Income statement (TTM)Industry

Revenue: $9.01M; $106.81M
Gross Profit: $6.37M; $62.29M
Operating Income: -$12.23M; -$3.72M
Pretax Income: -$13.76M; -$1.69M
Net Income: -$13.76M; -$6.19M
EBITDA: -$12.09M; -$1.98M

Balance sheetIndustry

Cash & Short-Term Investments: $8.29M; $38.08M
Net Cash (Debt): $8.29M; $3.73M
Net Cash Per Share: $15.33; $0.24
Equity (Book Value): $9.85M; $63.44M
Book Value Per Share: $18.20; $3.26
Tangible Book Value: $9.75M; $11.04M
Working Capital: $8.94M; $56.85M

Cash flow (TTM)Industry

Operating Cash Flow: -$12.30M; -$541.49K
Capital Expenditures: -$5.00K; -$3.69M
Free Cash Flow: -$12.31M; -$387.37K
FCF Per Share: -$22.75; -$0.01

Dividends and yieldsIndustry

Earnings Yield: -505.7%; -4.70%
FCF Yield: -452.3%; 0.24%

Taxes and interestIndustry

Income Tax: $0; $1.63M

Scores and fair valueIndustry

Altman Z-Score: -35.20; 2.44
Piotroski F-Score: 2; 5
Beneish M-Score: -7.72; -2.64

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.

Period	NUWE	S&P 500	Difference	NUWE per year	S&P 500 per year
1 month	-16.6%	-2.7%	−13.9 pts
3 months	-60.4%	-1.7%	−58.6 pts
Year to date	-99.1%	+11.9%	−111.0 pts
1 year	-99.4%	+12.0%	−111.4 pts
3 years	-99.9%	+78.2%	−178.1 pts	-91.5%	+21.2%
5 years	-100.0%	+73.2%	−173.2 pts	-81.5%	+11.6%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

0M NUWE shares were sold short on Oct 30, 2026, up 118.9% from the previous report. At recent volumes it would take 1.0 days to buy them back. Over the last 20 sessions, 59.7% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	195,586	+118.9%	3,723,204	1.0
Oct 15, 2026	89,357	-46.6%	156,907	1.0
Sep 30, 2026	167,440	+339.6%	5,679,036	1.0
Sep 15, 2026	38,092	-77.4%	259,674	1.0
Aug 31, 2026	168,583	+86.1%	2,720,493	1.0
Aug 14, 2026	90,591	-90.5%	4,147,237	1.0
Jul 31, 2026	955,180	+736.6%	11,160,715	1.0
Jul 15, 2026	114,178	+50.2%	177,332	1.0
Jun 30, 2026	76,020	-50.6%	203,083	1.0
Jun 15, 2026	153,869	-58.4%	7,466,231	1.0
May 29, 2026	369,455	+945.0%	190,620	1.9
May 15, 2026	35,355	-49.6%	50,737	1.0