Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of NexGen Energy Ltd (NYSE: NXE) was $8.13 for the day, down -7.09% from the previous closing price of $8.75. In other words, the price has decreased by -$7.09 from its previous closing price. On the day, 15.37 million shares were traded. NXE stock price reached its highest trading level at $8.58 during the session, while it also had its lowest trading level at $7.75.
Ratios:
Our analysis of NXE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.50. In the meantime, Its Debt-to-Equity ratio is 0.65 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 5324846080 and an Enterprise Value of 5123689472.
Stock Price History:
The Beta on a monthly basis for NXE is 1.55, which has changed by 0.18563688 over the last 52 weeks, in comparison to a change of 0.13355756 over the same period for the S&P500. Over the past 52 weeks, NXE has reached a high of $9.95, while it has fallen to a 52-week low of $3.91. The 50-Day Moving Average of the stock is -5.63%, while the 200-Day Moving Average is calculated to be 22.68%.
Shares Statistics:
NXE traded an average of 9.48M shares per day over the past three months and 11031160 shares per day over the past ten days. A total of 621.52M shares are outstanding, with a floating share count of 578.15M. Insiders hold about 6.98% of the company’s shares, while institutions hold 53.39% stake in the company. Shares short for NXE as of 1760486400 were 93345662 with a Short Ratio of 9.84, compared to 1757894400 on 98592029.
