NuScale Power Corporation (SMR) concluded trading on Thursday at a closing price of $9.61, with 3.87 million shares of worth about $37.21 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 96.93% during that period and on September 19, 2024 the price saw a gain of about 4.80%. Currently the company’s common shares owned by public are about 94.72M shares, out of which, 79.84M shares are available for trading.
Stock saw a price change of 11.36% in past 5 days and over the past one month there was a price change of 7.74%. Year-to-date (YTD), SMR shares are showing a performance of 192.10% which increased to 69.49% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.81 but also hit the highest price of $16.91 during that period. The average intraday trading volume for NuScale Power Corporation shares is 5.36 million. The stock is currently trading 14.64% above its 20-day simple moving average (SMA20), while that difference is down -1.84% for SMA50 and it goes to 48.48% higher than SMA200.
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NuScale Power Corporation (NYSE: SMR) currently have 94.72M outstanding shares and institutions hold larger chunk of about 40.87% of that.
The stock has a current market capitalization of $910.26M and its 3Y-monthly beta is at 1.21. It has posted earnings per share of -$1.02 in the same period. It has Quick Ratio of 2.66 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SMR, volatility over the week remained 9.94% while standing at 8.70% over the month.
Stock’s fiscal year EPS is expected to drop by -5.13% while it is estimated to increase by 29.43% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by CLSA on September 13, 2024 offering an Outperform rating for the stock and assigned a target price of $11 to it. Coverage by Wells Fargo stated NuScale Power Corporation (SMR) stock as an Underweight in their note to investors on March 19, 2024, suggesting a price target of $4.50 for the stock. On January 29, 2024, Canaccord Genuity Initiated their recommendations, while on October 13, 2023, B. Riley Securities Initiated their ratings for the stock with a price target of $12. Stock get a Neutral rating from UBS on October 25, 2022.
