NuScale Power Corporation (SMR)’s Market Momentum: Closing Strong at 13.14, Up 9.50

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As of close of business last night, NuScale Power Corporation’s stock clocked out at $13.14, up 9.50% from its previous closing price of $12.00. In other words, the price has increased by $9.50 from its previous closing price. On the day, 7.29 million shares were traded. SMR stock price reached its highest trading level at $13.54 during the session, while it also had its lowest trading level at $11.66.

Ratios:

To gain a deeper understanding of SMR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.66 and its Current Ratio is at 2.66. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

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 this company, Craig Hallum on September 26, 2024, initiated with a Buy rating and assigned the stock a target price of $16.

On September 13, 2024, CLSA started tracking the stock assigning a Outperform rating and target price of $11.

Wells Fargo Downgraded its Equal Weight to Underweight on March 19, 2024, whereas the target price for the stock was revised from $7.50 to $4.50.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 04 ’24 when Temple Robert K sold 68,558 shares for $13.02 per share. The transaction valued at 892,625 led to the insider holds 14,054 shares of the business.

Temple Robert K bought 68,558 shares of SMR for $892,744 on Oct 04 ’24. On Sep 25 ’24, another insider, Temple Robert K, who serves as the Retired of the company, sold 75,000 shares for $12.00 each. As a result, the insider received 900,000 and left with 14,054 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SMR now has a Market Capitalization of 1244564224 and an Enterprise Value of 1072799488. For the stock, the TTM Price-to-Sale (P/S) ratio is 89.80 while its Price-to-Book (P/B) ratio in mrq is 8.91. Its current Enterprise Value per Revenue stands at 77.425 whereas that against EBITDA is -4.391.

Stock Price History:

Over the past 52 weeks, SMR has reached a high of $16.91, while it has fallen to a 52-week low of $1.81. The 50-Day Moving Average of the stock is 34.50%, while the 200-Day Moving Average is calculated to be 82.15%.

Shares Statistics:

It appears that SMR traded 5.58M shares on average per day over the past three months and 6524340 shares per day over the past ten days. A total of 94.72M shares are outstanding, with a floating share count of 79.84M. Insiders hold about 15.71% of the company’s shares, while institutions hold 41.04% stake in the company. Shares short for SMR as of 1727654400 were 21496957 with a Short Ratio of 3.85, compared to 1724976000 on 19743445. Therefore, it implies a Short% of Shares Outstanding of 21496957 and a Short% of Float of 23.879998999999998.

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