In last trading session, NuScale Power Corporation (NYSE:SMR) saw 18.0 million shares changing hands with its beta currently measuring 0.99. Company’s recent per share price level of $4.88 trading at -$1.7 or -25.84% at ring of the bell on the day assigns it a market valuation of $389.47M. That closing price of SMR’s stock is at a discount of -129.71% from its 52-week high price of $11.21 and is indicating a premium of 62.91% from its 52-week low price of $1.81. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 10.15 million shares which gives us an average trading volume of 3.13 million if we extend that period to 3-months.
NuScale Power Corporation (NYSE:SMR) trade information
Upright in the red during last session for losing -25.84%, in the last five days SMR remained trading in the red while hitting it’s week-highest on Monday, 03/18/24 when the stock touched $4.88 price level, adding 56.47% to its value on the day. NuScale Power Corporation’s shares saw a change of 48.33% in year-to-date performance and have moved -31.07% in past 5-day. NuScale Power Corporation (NYSE:SMR) showed a performance of 83.46% in past 30-days. Number of shares sold short was 15.43 million shares which calculate 9.13 days to cover the short interests.
NuScale Power Corporation (SMR) estimates and forecasts
Statistics highlight that NuScale Power Corporation is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -13.93% of value to its shares in past 6 months, showing an annual growth rate of 48.75% while that of industry is 21.40. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 88.70% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $13.63 million for the same. And 2 analysts are in estimates of company making revenue of $13.84 million in the next quarter that will end on Jun 2024.
SMR Dividends
NuScale Power Corporation is more likely to be releasing its next quarterly report on March 14 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
NuScale Power Corporation (NYSE:SMR)’s Major holders
Insiders are in possession of 24.46% of company’s total shares while institution are holding 55.44 percent of that, with stock having share float percentage of 73.39%. Investors also watch the number of corporate investors in a company very closely, which is 55.44% institutions for NuScale Power Corporation that are currently holding shares of the company. Vanguard Group Inc is the top institutional holder at SMR for having 5.33 million shares of worth $36.26 million. And as of Jun 29, 2023, it was holding 7.16% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 3.17 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 4.25% of outstanding shares, having a total worth of $21.54 million.
On the other hand, Global X Fds-Global X Uranium ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 29, 2023, the former fund manager was holding 2.91 million shares of worth $14.28 million or 3.91% of the total outstanding shares. The later fund manager was in possession of 2.0 million shares on Jun 29, 2023, making its stake of worth around $13.63 million in the company or a holder of 2.69% of company’s stock.
