Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of NexGen Energy Ltd (NYSE: NXE) was $6.56 for the day, down -1.80% from the previous closing price of $6.68. In other words, the price has decreased by -$1.80 from its previous closing price. On the day, 7.99 million shares were traded. NXE stock price reached its highest trading level at $6.755 during the session, while it also had its lowest trading level at $6.4901.
Ratios:
Our analysis of NXE’s different ratios will help us gain a deeper understanding of the company. 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 3706373632 and an Enterprise Value of 3599785216. As of this moment, NexGen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.72.
Stock Price History:
The Beta on a monthly basis for NXE is 1.95, which has changed by -0.13246751 over the last 52 weeks, in comparison to a change of 0.208081 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 -10.52%, while the 200-Day Moving Average is calculated to be -6.75%.
Shares Statistics:
NXE traded an average of 7.60M shares per day over the past three months and 10308650 shares per day over the past ten days. 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 52.71% stake in the company. Shares short for NXE as of 1736899200 were 51694262 with a Short Ratio of 6.80, compared to 1734048000 on 52151598.
