Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
NexGen Energy Ltd (NYSE: NXE) closed the day trading at $6.71 down -2.33% from the previous closing price of $6.87. In other words, the price has decreased by -$2.33 from its previous closing price. On the day, 5.6 million shares were traded. NXE stock price reached its highest trading level at $6.93 during the session, while it also had its lowest trading level at $6.6502.
Ratios:
For a better understanding of NXE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 0.97. In the meantime, Its Debt-to-Equity ratio is 0.39 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 3831604480 and an Enterprise Value of 3815589632.
Stock Price History:
The Beta on a monthly basis for NXE is 1.46, which has changed by 0.20900905 over the last 52 weeks, in comparison to a change of 0.18569505 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 1.37%, while the 200-Day Moving Average is calculated to be 4.57%.
Shares Statistics:
Over the past 3-months, NXE traded about 9.26M shares per day on average, while over the past 10 days, NXE traded about 7382200 shares per day. A total of 569.19M shares are outstanding, with a floating share count of 519.72M. Insiders hold about 8.77% of the company’s shares, while institutions hold 54.42% stake in the company. Shares short for NXE as of 1752537600 were 88528051 with a Short Ratio of 9.56, compared to 1749772800 on 81834166.
