Why NuScale Power Corporation (NYSE: SMR) Is Worth A Spot On Your Watchlist

NuScale Power Corporation (NYSE:SMR)’s traded shares stood at 1.89 million during the last session, with the company’s beta value hitting 1.08. At the close of trading, the stock’s price was $4.93, to imply a decrease of -0.80% or -$0.04 in intraday trading. The SMR share’s 52-week high remains $11.21, putting it -127.38% down since that peak but still an impressive 63.29% since price per share fell to its 52-week low of $1.81. The company has a valuation of $393.46M, with an average of 4.80 million shares over the past 3 months.

NuScale Power Corporation (NYSE:SMR) trade information

After registering a -0.80% downside in the last session, NuScale Power Corporation (SMR) has traded red over the past five days. The stock hit a weekly high of 5.73, dropping -0.80% in its intraday price action. The 5-day price performance for the stock is -9.04%, and -51.19% over 30 days. With these gigs, the year-to-date price performance is 49.85%.

NuScale Power Corporation (SMR) estimates and forecasts

Looking at statistics comparing NuScale Power Corporation share performance against respective industry, we note that the company has outperformed competitors. NuScale Power Corporation (SMR) shares are -16.16% down over the last 6 months, with its year-to-date growth rate higher than industry average at 48.75% against 21.30%. The rating firms project that company’s revenue will grow 97.70% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is $8.26 million. Meanwhile, for the quarter ending Jun 2024, a total of 1 analyst(s) estimate revenue growth to $8.69 million.Earnings reports from the last fiscal year show that sales brought in $5.5 million and -$ respectively in the corresponding quarters.

SMR Dividends

NuScale Power Corporation has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. NuScale Power Corporation has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.