Understanding NexGen Energy Ltd (NXE) through its ratios

In the latest session, NexGen Energy Ltd (NYSE: NXE) closed at $7.60 down -1.30% from its previous closing price of $7.70. In other words, the price has decreased by -$0.10 from its previous closing price. On the day, 8162224 shares were traded. NXE stock price reached its highest trading level at $7.91 during the session, while it also had its lowest trading level at $7.51.

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Ratios:

For a deeper understanding of NexGen Energy Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 13.66 and its Current Ratio is at 13.66. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.30.

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 4.00B and an Enterprise Value of 3.86B.

Stock Price History:

Over the past 52 weeks, NXE has reached a high of $8.31, while it has fallen to a 52-week low of $3.49. The 50-Day Moving Average of the stock is 7.14, while the 200-Day Moving Average is calculated to be 5.60.

Shares Statistics:

For the past three months, NXE has traded an average of 1.32 shares per day and 7.73M over the past ten days. A total of 482.53M shares are outstanding, with a floating share count of 474.41M. Insiders hold about 9.16% of the company’s shares, while institutions hold 43.81% stake in the company. Shares short for NXE as of Jan 31, 2024 were 40.32M with a Short Ratio of 6.49, compared to 41.81M on Dec 29, 2023.

Earnings Estimates

There are 3 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.03 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.04, while EPS last year was -$0.04. 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 -$0.13 and -$0.16 for the fiscal current year, implying an average EPS of -$0.15. EPS for the following year is -$0.11, with 5 analysts recommending between -$0.08 and -$0.14.

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