Daily Market Movement: NuScale Power Corporation (SMR) Sees a 0.31 Increase, Closing at 12.90

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The closing price of NuScale Power Corporation (NYSE: SMR) was $12.90 for the day, up 0.31% from the previous closing price of $12.86. In other words, the price has increased by $0.31 from its previous closing price. On the day, 4.3 million shares were traded. SMR stock price reached its highest trading level at $12.99 during the session, while it also had its lowest trading level at $12.26.

Ratios:

Our analysis of SMR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.66 and its Current Ratio is at 2.66. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Craig Hallum on September 26, 2024, initiated with a Buy rating and assigned the stock a target price of $16.

On September 13, 2024, CLSA started tracking the stock assigning a Outperform rating and target price of $11.

Wells Fargo Downgraded its Equal Weight to Underweight on March 19, 2024, whereas the target price for the stock was revised from $7.50 to $4.50.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 04 ’24 when Temple Robert K sold 68,558 shares for $13.02 per share. The transaction valued at 892,625 led to the insider holds 14,054 shares of the business.

Temple Robert K bought 68,558 shares of SMR for $892,744 on Oct 04 ’24. On Sep 25 ’24, another insider, Temple Robert K, who serves as the Retired of the company, sold 75,000 shares for $12.00 each. As a result, the insider received 900,000 and left with 14,054 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SMR now has a Market Capitalization of 1221832448 and an Enterprise Value of 1046279104. For the stock, the TTM Price-to-Sale (P/S) ratio is 88.16 while its Price-to-Book (P/B) ratio in mrq is 8.75. Its current Enterprise Value per Revenue stands at 75.511 whereas that against EBITDA is -4.283.

Stock Price History:

Over the past 52 weeks, SMR has reached a high of $16.91, while it has fallen to a 52-week low of $1.81. The 50-Day Moving Average of the stock is 34.27%, while the 200-Day Moving Average is calculated to be 82.24%.

Shares Statistics:

SMR traded an average of 5.66M shares per day over the past three months and 6947850 shares per day over the past ten days. A total of 94.72M shares are outstanding, with a floating share count of 79.84M. Insiders hold about 15.71% of the company’s shares, while institutions hold 41.05% stake in the company. Shares short for SMR as of 1726185600 were 20002272 with a Short Ratio of 3.53, compared to 1723680000 on 17843762. Therefore, it implies a Short% of Shares Outstanding of 20002272 and a Short% of Float of 22.219998999999998.

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