NexGen Energy Ltd (NXE) Beta and Market Comparison: S&P500 vs NXE

After finishing at $7.43 in the prior trading day, NexGen Energy Ltd (NYSE: NXE) closed at $7.44, up 0.13%. In other words, the price has increased by $+0.01 from its previous closing price. On the day, 4659104 shares were traded. NXE stock price reached its highest trading level at $7.55 during the session, while it also had its lowest trading level at $7.29.

Ratios:

Our goal is to gain a better understanding of NXE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 11.00 and its Current Ratio is at 11.00. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.19.

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 4.00B and an Enterprise Value of 3.91B. As of this moment, NexGen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 72.02.

Stock Price History:

Over the past 52 weeks, NXE has reached a high of $8.31, while it has fallen to a 52-week low of $3.49. The 50-Day Moving Average of the stock is 7.43, while the 200-Day Moving Average is calculated to be 6.03.

Shares Statistics:

The stock has traded on average 6.70M shares per day over the past 3-months and 7M shares per day over the last 10 days, according to various share statistics. A total of 525.34M shares are outstanding, with a floating share count of 491.80M. Insiders hold about 8.85% of the company’s shares, while institutions hold 47.95% stake in the company. Shares short for NXE as of Feb 29, 2024 were 39.98M with a Short Ratio of 5.97, compared to 39.95M on Jan 31, 2024.

Earnings Estimates

Its stock is currently analyzed by 4 different market analysts. On average, analysts expect EPS of -$0.03 for the current quarter, with a high estimate of -$0.03 and a low estimate of -$0.04, while EPS last year was -$0.01. The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.03 and low estimates of -$0.04.

Analysts are recommending an EPS of between -$0.1 and -$0.16 for the fiscal current year, implying an average EPS of -$0.13. EPS for the following year is -$0.12, with 3 analysts recommending between -$0.07 and -$0.16.

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