Currently, there are 97.89M common shares owned by the public and among those 97.71M shares have been available to trade.
The company’s stock has a 5-day price change of -18.72% and 46.35% over the past three months. SMR shares are trading 7.25% year to date (YTD), with the 12-month market performance up to 721.79% higher. It has a 12-month low price of $1.88 and touched a high of $32.30 over the same period. SMR has an average intraday trading volume of 11.89 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -4.43%, -15.06%, and 48.54% respectively.
Institutional ownership of NuScale Power Corporation (NYSE: SMR) shares accounts for 37.87% of the company’s 97.89M shares outstanding.
It has a market capitalization of $5.27B and a beta (3y monthly) value of 1.47. The earnings-per-share (ttm) stands at -$0.94. Price movements for the stock have been influenced by the stock’s volatility, which stands at 10.32% over the week and 11.34% over the month.
Analysts forecast that NuScale Power Corporation (SMR) will achieve an EPS of 0 for the current quarter, 0 for the next quarter and -0.94 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0 while analysts give the company a high EPS estimate of 0. Earnings per share for the fiscal year are expected to increase by 9.08%, and 25.76% over the next financial year.
Looking at the support for the SMR, a number of firms have released research notes about the stock. Craig Hallum stated their Buy rating for the stock in a research note on September 26, 2024, with the firm’s price target at $16. CLSA coverage for the NuScale Power Corporation (SMR) stock in a research note released on September 13, 2024 offered a Outperform rating with a price target of $11. Wells Fargo was of a view on March 19, 2024 that the stock is Underweight, while Canaccord Genuity gave the stock Buy rating on January 29, 2024, issuing a price target of $4.25. B. Riley Securities on their part issued Buy rating on October 13, 2023.
