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

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

The price of NexGen Energy Ltd (NYSE: NXE) closed at $7.8 in the last session, up 2.63% from day before closing price of $7.6. In other words, the price has increased by $2.63 from its previous closing price. On the day, 8.56 million shares were traded. NXE stock price reached its highest trading level at $7.8 during the session, while it also had its lowest trading level at $7.475.

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 0.75 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 4455493120 and an Enterprise Value of 4581033472.

Stock Price History:

The Beta on a monthly basis for NXE is 1.44, which has changed by 0.46616542 over the last 52 weeks, in comparison to a change of 0.18469036 over the same period for the S&P500. Over the past 52 weeks, NXE has reached a high of $8.96, while it has fallen to a 52-week low of $3.91. The 50-Day Moving Average of the stock is 11.93%, while the 200-Day Moving Average is calculated to be 22.56%.

Shares Statistics:

According to the various share statistics, NXE traded on average about 8.24M shares per day over the past 3-months and 8396890 shares per day over the past 10 days. A total of 571.03M shares are outstanding, with a floating share count of 531.31M. Insiders hold about 6.99% of the company’s shares, while institutions hold 56.82% stake in the company. Shares short for NXE as of 1755216000 were 100542860 with a Short Ratio of 12.20, compared to 1752537600 on 93962664.

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