NuScale Power Corporation (SMR) Gain 2.89%, Marking Win By Bears

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NuScale Power Corporation (NYSE:SMR) has a beta value of 0.99 and has seen 3.66 million shares traded in the last trading session. The company, currently valued at $483.65M, closed the last trade at $6.06 per share which meant it gained $0.17 on the day or 2.89% during that session. The SMR stock price is -84.98% off its 52-week high price of $11.21 and 70.13% above the 52-week low of $1.81. The 3-month trading volume is 4.87 million shares.

NuScale Power Corporation (NYSE:SMR) trade information

Sporting 2.89% in the green in last session, the stock has traded in the green over the last five days, when the SMR stock price touched $6.06 or saw a rise of 4.72%. Year-to-date, NuScale Power Corporation shares have moved 84.19%, while the 5-day performance has seen it change 24.95%. Over the past 30 days, the shares of NuScale Power Corporation (NYSE:SMR) have changed 5.39%.

NuScale Power Corporation (SMR) estimates and forecasts

Figures show that NuScale Power Corporation shares have outperformed across the wider relevant industry. The company’s shares have gained 73.14% over the past 6 months, with this year growth rate of 48.75%, compared to 21.20% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 38.10% and 0.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be 97.70%.

1 analysts offering their estimates for the company have set an average revenue estimate of $8.26 million for the current quarter. 1 have an estimated revenue figure of $8.69 million for the next quarter concluding in Jun 2024.

SMR Dividends

NuScale Power Corporation is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.