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The price of NuScale Power Corporation (NYSE: SMR) closed at $11.95 in the last session, up 9.73% from day before closing price of $10.89. In other words, the price has increased by $9.73 from its previous closing price. On the day, 11.63 million shares were traded. SMR stock price reached its highest trading level at $12.24 during the session, while it also had its lowest trading level at $10.96.
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 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, CLSA on September 13, 2024, initiated with a Outperform rating and assigned the stock a target price of $11.
On March 19, 2024, Wells Fargo Downgraded its rating to Underweight which previously was Equal Weight and also lowered its target price recommendation from $7.50 to $4.50.
On January 29, 2024, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $4.25.Canaccord Genuity initiated its Buy rating on January 29, 2024, with a $4.25 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 Sep 20 ’24 when Temple Robert K sold 144,627 shares for $10.90 per share. The transaction valued at 1,576,434 led to the insider holds 14,054 shares of the business.
Temple Robert K bought 144,627 shares of SMR for $1,576,434 on Sep 20 ’24. On Sep 13 ’24, another insider, Temple Robert K, who serves as the Retired of the company, sold 5,000 shares for $9.57 each. As a result, the insider received 47,875 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 1131852544 and an Enterprise Value of 960087808. For the stock, the TTM Price-to-Sale (P/S) ratio is 81.67 while its Price-to-Book (P/B) ratio in mrq is 8.11. Its current Enterprise Value per Revenue stands at 69.29 whereas that against EBITDA is -3.93.
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 24.80%, while the 200-Day Moving Average is calculated to be 81.55%.
Shares Statistics:
According to the various share statistics, SMR traded on average about 5.51M shares per day over the past 3-months and 6163640 shares per day over the past 10 days. A total of 94.72M shares are outstanding, with a floating share count of 79.84M. Insiders hold about 15.70% of the company’s shares, while institutions hold 40.92% stake in the company. Shares short for SMR as of 1724976000 were 19743445 with a Short Ratio of 3.58, compared to 1722384000 on 17685582. Therefore, it implies a Short% of Shares Outstanding of 19743445 and a Short% of Float of 21.93.
