NuScale Power Corporation (NYSE:SMR) has a beta value of 1.26 and has seen 7.29 million shares traded in the last trading session. The company, currently valued at $1.24B, closed the last trade at $13.14 per share which meant it gained $1.14 on the day or 9.50% during that session. The SMR stock price is -28.69% off its 52-week high price of $16.91 and 86.23% above the 52-week low of $1.81. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.52 million shares traded. The 3-month trading volume is 5.58 million shares.
The consensus among analysts is that NuScale Power Corporation (SMR) is Buy stock at the moment, with a recommendation rating of 2.12. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.09.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
NuScale Power Corporation (NYSE:SMR) trade information
Sporting 9.50% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SMR stock price touched $13.14 or saw a rise of 2.95%. Year-to-date, NuScale Power Corporation shares have moved 299.39%, while the 5-day performance has seen it change -0.08%. Over the past 30 days, the shares of NuScale Power Corporation (NYSE:SMR) have changed 52.26%. Short interest in the company has seen 21.5 million shares shorted with days to cover at 3.96.
Wall Street analysts have a consensus price target for the stock at $15, which means that the shares’ value could jump 12.4% from current levels. The projected low price target is $4.5 while the price target rests at a high of $18.0. In that case, then, we find that the current price level is -36.99% off the targeted high while a plunge would see the stock lose 65.75% from current levels.
NuScale Power Corporation (SMR) estimates and forecasts
The company’s shares have gained 149.34% over the past 6 months, compared to 13.60% for the industry. Revenue growth from the last financial year stood is estimated to be -49.10%.
3 analysts offering their estimates for the company have set an average revenue estimate of 3.14M for the current quarter. 3 have an estimated revenue figure of 3.86M for the next ending quarter.
SMR Dividends
NuScale Power Corporation is expected to release its next earnings report in November this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
NuScale Power Corporation (NYSE:SMR)’s Major holders
Insiders own 11.26% of the company shares, while shares held by institutions stand at 46.35% with a share float percentage of 52.23%. Investors are also buoyed by the number of investors in a company, with NuScale Power Corporation having a total of 234.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 6.97 million shares worth more than $81.45 million. As of 2024-06-30, VANGUARD GROUP INC held 8.7549% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 4.98 million shares as of 2024-06-30. The firm’s total holdings are worth over $58.27 million and represent 6.263% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Global X Fds-Global X Uranium ETF and Vanguard Total Stock Market Index Fund . As of Aug 31, 2024 , the former fund manager holds about 5.28% shares in the company for having 5.0 shares of worth $65.66 million while later fund manager owns 2.42 shares of worth $31.81 million as of Jun 30, 2024 , which makes it owner of about 2.56% of company’s outstanding stock.
