Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $9.67 in the prior trading day, NexGen Energy Ltd (NYSE: NXE) closed at $9.78, up 1.14%. In other words, the price has increased by $1.14 from its previous closing price. On the day, 9.39 million shares were traded. NXE stock price reached its highest trading level at $9.82 during the session, while it also had its lowest trading level at $9.5201.
Ratios:
Our goal is to gain a better understanding of NXE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 and its Current Ratio is at 0.75. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NXE now has a Market Capitalization of 6428171264 and an Enterprise Value of 5712043008.
Stock Price History:
The Beta on a monthly basis for NXE is 1.45, which has changed by 0.35269713 over the last 52 weeks, in comparison to a change of 0.19088471 over the same period for the S&P500. Over the past 52 weeks, NXE has reached a high of $9.81, while it has fallen to a 52-week low of $3.91. The 50-Day Moving Average of the stock is 15.96%, while the 200-Day Moving Average is calculated to be 48.62%.
Shares Statistics:
The stock has traded on average 9.16M shares per day over the past 3-months and 11663650 shares per day over the last 10 days, according to various share statistics. A total of 571.03M shares are outstanding, with a floating share count of 535.55M. Insiders hold about 6.98% of the company’s shares, while institutions hold 56.53% stake in the company. Shares short for NXE as of 1760486400 were 93345662 with a Short Ratio of 10.19, compared to 1757894400 on 98592029.
