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 NuScale Power Corporation (NYSE: SMR) closed at $4.85 in the last session, down -0.82% from day before closing price of $4.89. In other words, the price has decreased by -$0.82 from its previous closing price. On the day, 2.17 million shares were traded. SMR stock price reached its highest trading level at $5.09 during the session, while it also had its lowest trading level at $4.78.
Ratios:
We take a closer look at SMR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.77 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
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 the company, Wells Fargo on March 19, 2024, Downgraded its rating to Underweight and sets its target price to $4.50 from $7.50 previously.
On January 29, 2024, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $4.25.
On October 13, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $12.B. Riley Securities initiated its Buy rating on October 13, 2023, with a $12 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 22 ’24 when Hopkins John Lawrence sold 59,768 shares for $4.20 per share. The transaction valued at 251,026 led to the insider holds 0 shares of the business.
Hopkins John Lawrence sold 13,451 shares of SMR for $41,927 on Feb 29 ’24. The Chief Executive Officer now owns 59,768 shares after completing the transaction at $3.12 per share. On Feb 29 ’24, another insider, Reyes Jose N Jr, who serves as the Chief Technology Officer of the company, sold 10,328 shares for $3.12 each. As a result, the insider received 32,192 and left with 461,402 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 420786976 and an Enterprise Value of 305635968. For the stock, the TTM Price-to-Sale (P/S) ratio is 16.97 while its Price-to-Book (P/B) ratio in mrq is 3.99. Its current Enterprise Value per Revenue stands at 13.399 whereas that against EBITDA is -1.12.
Stock Price History:
Over the past 52 weeks, SMR has reached a high of $11.21, while it has fallen to a 52-week low of $1.81. The 50-Day Moving Average of the stock is 5.00%, while the 200-Day Moving Average is calculated to be 4.54%.
Shares Statistics:
According to the various share statistics, SMR traded on average about 4.79M shares per day over the past 3-months and 3319360 shares per day over the past 10 days. A total of 76.90M shares are outstanding, with a floating share count of 57.18M. Insiders hold about 28.35% of the company’s shares, while institutions hold 35.48% stake in the company. Shares short for SMR as of 1711584000 were 11689704 with a Short Ratio of 2.44, compared to 1709164800 on 15427084. Therefore, it implies a Short% of Shares Outstanding of 11689704 and a Short% of Float of 19.0.
Earnings Estimates
The current rating of NuScale Power Corporation (SMR) is the result of assessments by Semiconductor Manufacturing In analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is $199.21, with high estimates of $48.09 and low estimates of $108.58.
