Deeper Dive: Understanding NexGen Energy Ltd (NXE) Through its Various Ratios

Kevin Freeman

Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.

The price of NexGen Energy Ltd (NYSE: NXE) closed at $8.09 in the last session, down -4.49% from day before closing price of $8.47. In other words, the price has decreased by -$4.49 from its previous closing price. On the day, 8.48 million shares were traded. NXE stock price reached its highest trading level at $8.655 during the session, while it also had its lowest trading level at $8.04.

Ratios:

We take a closer look at NXE’s different ratios to gain a better understanding of the stock. 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 5538263552 and an Enterprise Value of 5587351040.

Stock Price History:

The Beta on a monthly basis for NXE is 1.55, which has changed by 0.1476965 over the last 52 weeks, in comparison to a change of 0.1476624 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 -6.97%, while the 200-Day Moving Average is calculated to be 21.28%.

Shares Statistics:

According to the various share statistics, NXE traded on average about 9.70M shares per day over the past 3-months and 9700570 shares per day over the past 10 days. A total of 621.52M shares are outstanding, with a floating share count of 582.10M. Insiders hold about 6.34% of the company’s shares, while institutions hold 53.42% stake in the company. Shares short for NXE as of 1761868800 were 89238819 with a Short Ratio of 9.20, compared to 1759190400 on 97265068.

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