Financial Analysis: NexGen Energy Ltd (NXE)’s Ratios Unveil Key Insights

Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.

As of close of business last night, NexGen Energy Ltd’s stock clocked out at $8.61, up 3.86% from its previous closing price of $8.29. In other words, the price has increased by $3.86 from its previous closing price. On the day, 4.04 million shares were traded. NXE stock price reached its highest trading level at $8.69 during the session, while it also had its lowest trading level at $8.35.

Ratios:

To gain a deeper understanding of NXE’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 11.00 and its Current Ratio is at 11.00. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.19.

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 4645525504 and an Enterprise Value of 4515199488. As of this moment, NexGen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 83.35.

Stock Price History:

Over the past 52 weeks, NXE has reached a high of $8.88, while it has fallen to a 52-week low of $3.61. The 50-Day Moving Average of the stock is 11.29%, while the 200-Day Moving Average is calculated to be 30.82%.

Shares Statistics:

It appears that NXE traded 6.13M shares on average per day over the past three months and 5954230 shares per day over the past ten days. A total of 525.34M shares are outstanding, with a floating share count of 493.94M. Insiders hold about 8.45% of the company’s shares, while institutions hold 49.46% stake in the company. Shares short for NXE as of 1713139200 were 45900511 with a Short Ratio of 7.49, compared to 1710460800 on 41795420.

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