Market Momentum: NuScale Power Corporation (SMR) Registers a -2.84 Decrease, Closing at 18.47

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NuScale Power Corporation (NYSE: SMR) closed the day trading at $18.47 down -2.84% from the previous closing price of $19.01. In other words, the price has decreased by -$2.84 from its previous closing price. On the day, 8.17 million shares were traded. SMR stock price reached its highest trading level at $18.77 during the session, while it also had its lowest trading level at $17.4607.

Ratios:

For a better understanding of SMR, let’s look at its different ratios. 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, Craig Hallum on September 26, 2024, initiated with a Buy rating and assigned the stock a target price of $16.

On September 13, 2024, CLSA started tracking the stock assigning a Outperform rating and target price of $11.

Wells Fargo Downgraded its Equal Weight to Underweight on March 19, 2024, whereas the target price for the stock was revised from $7.50 to $4.50.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 16 ’24 when Temple Robert K sold 115,866 shares for $18.20 per share. The transaction valued at 2,108,761 led to the insider holds 14,054 shares of the business.

Temple Robert K sold 12,054 shares of SMR for $230,734 on Oct 17 ’24. The Retired now owns 2,000 shares after completing the transaction at $19.14 per share. On Oct 17 ’24, another insider, Temple Robert K, who serves as the Former Officer of the company, bought 12,054 shares for $19.14 each.

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 1749398784 and an Enterprise Value of 1577634176. For the stock, the TTM Price-to-Sale (P/S) ratio is 329.81 while its Price-to-Book (P/B) ratio in mrq is 12.53. Its current Enterprise Value per Revenue stands at 113.859 whereas that against EBITDA is -6.458.

Stock Price History:

Over the past 52 weeks, SMR has reached a high of $22.75, while it has fallen to a 52-week low of $1.81. The 50-Day Moving Average of the stock is 44.23%, while the 200-Day Moving Average is calculated to be 117.86%.

Shares Statistics:

Over the past 3-months, SMR traded about 7.74M shares per day on average, while over the past 10 days, SMR traded about 14731490 shares per day. A total of 94.72M shares are outstanding, with a floating share count of 79.85M. Insiders hold about 15.70% of the company’s shares, while institutions hold 42.69% stake in the company. Shares short for SMR as of 1728950400 were 19886321 with a Short Ratio of 2.57, compared to 1726185600 on 20002272. Therefore, it implies a Short% of Shares Outstanding of 19886321 and a Short% of Float of 22.09.

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