The closing price of NuScale Power Corporation (NYSE: SMR) was $5.27 for the day, down -0.94% from the previous closing price of $5.32. On the day, 2859263 shares were traded.
Ratios:
Our analysis of SMR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.77 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
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 the company, Wells Fargo on March 19, 2024, Downgraded its rating to Underweight and sets its target price to $4.50 from $7.50 previously.
On January 29, 2024, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $4.25.
On October 13, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $12.B. Riley Securities initiated its Buy rating on October 13, 2023, with a $12 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 22 ’24 when Hopkins John Lawrence sold 59,768 shares for $4.20 per share. The transaction valued at 251,026 led to the insider holds 0 shares of the business.
Hopkins John Lawrence sold 13,451 shares of SMR for $41,927 on Feb 29 ’24. The Chief Executive Officer now owns 59,768 shares after completing the transaction at $3.12 per share. On Feb 29 ’24, another insider, Reyes Jose N Jr, who serves as the Chief Technology Officer of the company, sold 10,328 shares for $3.12 each. As a result, the insider received 32,192 and left with 461,402 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 18.44 while its Price-to-Book (P/B) ratio in mrq is 4.34.
Stock Price History:
Over the past 52 weeks, SMR has reached a high of $11.21, while it has fallen to a 52-week low of $1.81.
Shares Statistics:
A total of 76.90M shares are outstanding, with a floating share count of 57.18M. Insiders hold about 28.35% of the company’s shares, while institutions hold 35.47% stake in the company.
Earnings Estimates
The firm’s stock currently is rated by Semiconductor Manufacturing In analysts. The consensus estimate for the next quarter is $220.68, with high estimates of $5.27 and low estimates of $112.65.
EPS for the following year is $ETF, with Stocks analysts recommending between $Stocks and $Stocks.
