Nwl stock price forecast short-term nwl stock price forecast
Short-term nwl stock price forecast models are factoring in steady sales growth from product line diversification. Support levels at $7.65 remain critical, as bullish momentum could trigger a run toward $8.75 if trading volume picks up. If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts . Shares of Newell Brands stock traded down $0.27 on Tuesday, reaching $5.53. 9,561,241 shares of the stock were exchanged, compared to its average volume of 6,723,687. Newell Brands has a 1-year low of $4.22 and a 1-year high of $11.78. The company has a current ratio of 1.12, a quick ratio of 0.57 and a debt-to-equity ratio of 1.68. The business has a fifty day moving average price of $5.70 and a two-hundred day moving average price of $5.63. The firm has a market capitalization of $2.32 billion, a PE ratio of -9.37 and a beta of 0.99. The recent uptick in revenue guidance has strengthened the bullish case in the nwl stock price forecast. If quarterly numbers meet projections, a sustained rally toward $9.10 is increasingly likely.
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