Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, NexGen Energy Ltd (NYSE: NXE) closed at $6.72 down -2.33% from its previous closing price of $6.88. In other words, the price has decreased by -$2.33 from its previous closing price. On the day, 7.3 million shares were traded. NXE stock price reached its highest trading level at $6.94 during the session, while it also had its lowest trading level at $6.67.
Ratios:
For a deeper understanding of NexGen Energy Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.16 and its Current Ratio is at 1.16. In the meantime, Its Debt-to-Equity ratio is 0.35 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 3873448192 and an Enterprise Value of 3690184448. As of this moment, NexGen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.64.
Stock Price History:
The Beta on a monthly basis for NXE is 1.96, which has changed by -0.094736814 over the last 52 weeks, in comparison to a change of 0.22677135 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 $4.95. The 50-Day Moving Average of the stock is -10.66%, while the 200-Day Moving Average is calculated to be -5.62%.
Shares Statistics:
For the past three months, NXE has traded an average of 6.65M shares per day and 7483070 over the past ten days. A total of 565.00M shares are outstanding, with a floating share count of 516.69M. Insiders hold about 8.55% of the company’s shares, while institutions hold 52.19% stake in the company. Shares short for NXE as of 1735603200 were 52151598 with a Short Ratio of 7.93, compared to 1732838400 on 52743313.
