In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, NexGen Energy Ltd’s stock clocked out at $6.51, down -0.31% from its previous closing price of $6.53. In other words, the price has decreased by -$0.31 from its previous closing price. On the day, 4.82 million shares were traded. NXE stock price reached its highest trading level at $6.74 during the session, while it also had its lowest trading level at $6.5.
Ratios:
To gain a deeper understanding of NXE’s stock, we examine its different ratios. 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 3678123776 and an Enterprise Value of 3571535360. As of this moment, NexGen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.44.
Stock Price History:
The Beta on a monthly basis for NXE is 1.95, which has changed by -0.12348992 over the last 52 weeks, in comparison to a change of 0.21659255 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 -9.60%, while the 200-Day Moving Average is calculated to be -7.22%.
Shares Statistics:
It appears that NXE traded 7.61M shares on average per day over the past three months and 9639900 shares per day over the past ten days. A total of 565.00M shares are outstanding, with a floating share count of 516.13M. Insiders hold about 8.65% of the company’s shares, while institutions hold 52.77% stake in the company. Shares short for NXE as of 1736899200 were 51694262 with a Short Ratio of 6.79, compared to 1734048000 on 52151598.
