For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $7.62 in the prior trading day, NexGen Energy Ltd (NYSE: NXE) closed at $7.80, up 2.36%. In other words, the price has increased by $2.36 from its previous closing price. On the day, 8.23 million shares were traded. NXE stock price reached its highest trading level at $8.13 during the session, while it also had its lowest trading level at $7.73.
Ratios:
Our goal is to gain a better understanding of NXE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 11.00 and its Current Ratio is at 11.00. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.19.
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 4234838528 and an Enterprise Value of 4078164224. As of this moment, NexGen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 75.51.
Stock Price History:
The Beta on a monthly basis for NXE is 1.91, which has changed by 1.0855615 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, NXE has reached a high of $8.88, while it has fallen to a 52-week low of $3.61. The 50-Day Moving Average of the stock is 1.68%, while the 200-Day Moving Average is calculated to be 19.43%.
Shares Statistics:
The stock has traded on average 6.22M shares per day over the past 3-months and 5554670 shares per day over the last 10 days, according to various share statistics. A total of 525.34M shares are outstanding, with a floating share count of 493.88M. Insiders hold about 8.47% of the company’s shares, while institutions hold 50.42% stake in the company. Shares short for NXE as of 1713139200 were 45900511 with a Short Ratio of 7.38, compared to 1710460800 on 41795420.
Earnings Estimates
The company has 4.0 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.03 for the current quarter, with a high estimate of -$0.03 and a low estimate of -$0.04, while EPS last year was -$0.01. The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.02 and low estimates of -$0.04.
Analysts are recommending an EPS of between -$0.1 and -$0.15 for the fiscal current year, implying an average EPS of -$0.12. EPS for the following year is -$0.12, with 3.0 analysts recommending between -$0.07 and -$0.16.
