After finishing at $7.64 in the prior trading day, NexGen Energy Ltd (NYSE: NXE) closed at $8.06, up 5.50%. In other words, the price has increased by $+0.42 from its previous closing price. On the day, 7822934 shares were traded. NXE stock price reached its highest trading level at $8.08 during the session, while it also had its lowest trading level at $7.61.
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 4.33B and an Enterprise Value of 4.23B. As of this moment, NexGen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 78.03.
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 7.34, while the 200-Day Moving Average is calculated to be 5.89.
Shares Statistics:
The stock has traded on average 6.46M shares per day over the past 3-months and 6.56M 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 476.06M. Insiders hold about 8.85% of the company’s shares, while institutions hold 48.51% stake in the company. Shares short for NXE as of Feb 15, 2024 were 39.22M with a Short Ratio of 6.08, compared to 40.32M on Jan 12, 2024.
Earnings Estimates
Its stock is currently analyzed by 3 different market analysts. On average, analysts expect EPS of -$0.03 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.04, while EPS last year was -$0.04. The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.02 and low estimates of -$0.04.
Analysts are recommending an EPS of between -$0.13 and -$0.16 for the fiscal current year, implying an average EPS of -$0.15. EPS for the following year is -$0.11, with 5 analysts recommending between -$0.08 and -$0.14.
