Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
NexGen Energy Ltd (NYSE: NXE) closed the day trading at $6.09 down -15.88% from the previous closing price of $7.24. In other words, the price has decreased by -$15.88 from its previous closing price. On the day, 16.12 million shares were traded. NXE stock price reached its highest trading level at $6.78 during the session, while it also had its lowest trading level at $6.0701.
Ratios:
For a better understanding of NXE, let’s look at its different 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 3440825600 and an Enterprise Value of 3983982080. As of this moment, NexGen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.02.
Stock Price History:
The Beta on a monthly basis for NXE is 1.96, which has changed by -0.064599454 over the last 52 weeks, in comparison to a change of 0.23883796 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 -18.81%, while the 200-Day Moving Average is calculated to be -14.00%.
Shares Statistics:
Over the past 3-months, NXE traded about 6.84M shares per day on average, while over the past 10 days, NXE traded about 7703700 shares per day. 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 52.22% stake in the company. Shares short for NXE as of 1735603200 were 52151598 with a Short Ratio of 7.62, compared to 1732838400 on 52743313.
