Market Momentum Report: NuScale Power Corporation (SMR)’s Negative Close at 23.01

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The price of NuScale Power Corporation (NYSE: SMR) closed at $23.01 in the last session, down -6.69% from day before closing price of $24.66. In other words, the price has decreased by -$6.69 from its previous closing price. On the day, 8.93 million shares were traded. SMR stock price reached its highest trading level at $24.11 during the session, while it also had its lowest trading level at $22.4113.

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 2.24 and its Current Ratio is at 2.24. 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:

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 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 2326242048 and an Enterprise Value of 2101758592. For the stock, the TTM Price-to-Sale (P/S) ratio is 742.92 while its Price-to-Book (P/B) ratio in mrq is 14.07. Its current Enterprise Value per Revenue stands at 284.753 whereas that against EBITDA is -10.729.

Stock Price History:

Over the past 52 weeks, SMR has reached a high of $27.54, while it has fallen to a 52-week low of $1.88. The 50-Day Moving Average of the stock is 48.51%, while the 200-Day Moving Average is calculated to be 145.13%.

Shares Statistics:

According to the various share statistics, SMR traded on average about 8.94M shares per day over the past 3-months and 13001930 shares per day over the past 10 days. A total of 101.10M shares are outstanding, with a floating share count of 85.23M. Insiders hold about 15.70% of the company’s shares, while institutions hold 44.64% stake in the company. Shares short for SMR as of 1730332800 were 23484303 with a Short Ratio of 2.63, compared to 1727654400 on 21496957. Therefore, it implies a Short% of Shares Outstanding of 23484303 and a Short% of Float of 25.2.

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