The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The closing price of NuScale Power Corporation (NYSE: SMR) was $19.04 for the day, down -8.37% from the previous closing price of $20.78. In other words, the price has decreased by -$8.37 from its previous closing price. On the day, 10.68 million 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 2.24 and its Current Ratio is at 2.24. 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:
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 Jan 02 ’25 when Hopkins John Lawrence sold 664,568 shares for $18.04 per share. The transaction valued at 11,988,807 led to the insider holds 34,675 shares of the business.
Hopkins John Lawrence bought 664,568 shares of SMR for $12,341,028 on Jan 02 ’25. On Dec 12 ’24, another insider, Hamady Robert Ramsey, who serves as the Chief Financial Officer of the company, sold 28,840 shares for $23.08 each. As a result, the insider received 665,627 and left with 28,841 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 706.44 while its Price-to-Book (P/B) ratio in mrq is 11.64.
Stock Price History:
Over the past 52 weeks, SMR has reached a high of $32.30, while it has fallen to a 52-week low of $2.47. The 50-Day Moving Average of the stock is -13.88%, while the 200-Day Moving Average is calculated to be 24.55%.
Shares Statistics:
A total of 119.55M shares are outstanding, with a floating share count of 103.65M. Insiders hold about 13.30% of the company’s shares, while institutions hold 48.48% stake in the company.
