In the last trading session, 1.35 million NexGen Energy Ltd (NYSE:NXE) shares changed hands as the company’s beta touched 1.92. With the company’s per share price at $6.78 changed hands at $0.14 or 2.11% during last session, the market valuation stood at $3.83B. NXE’s last price was a discount, traded about -30.97% off its 52-week high of $8.88. The share price had its 52-week low at $4.95, which suggests the last value was 26.99% up since then. When we look at NexGen Energy Ltd’s average trading volume, we note the 10-day average is 6.95 million shares, with the 3-month average coming to 4.80 million.
Analysts gave the NexGen Energy Ltd (NXE) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.12. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended NXE as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. NexGen Energy Ltd’s EPS for the current quarter is expected to be -0.04.
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
NexGen Energy Ltd (NYSE:NXE) trade information
Instantly NXE was in green as seen at the end of in last trading. With action 1.80%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -3.14%, with the 5-day performance at 1.80% in the green. However, in the 30-day time frame, NexGen Energy Ltd (NYSE:NXE) is 23.95% up. Looking at the short shares, we see there were 51.55 million shares sold at short interest cover period of 11.62 days.
NexGen Energy Ltd (NXE) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 88.13%. The 2024 estimates are for NexGen Energy Ltd earnings to decrease by -162.07%.
NXE Dividends
NexGen Energy Ltd is expected to release its next quarterly earnings report on 2024-Nov-01.
NexGen Energy Ltd (NYSE:NXE)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 7.96% of NexGen Energy Ltd shares while 54.77% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 59.51%. There are 54.77% institutions holding the NexGen Energy Ltd stock share, with L1 CAPITAL PTY LTD the top institutional holder. As of 2024-06-30, the company held 5.4964% of the shares, roughly 30.31 million NXE shares worth $288.89 million.
MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. holds the second largest percentage of outstanding shares, with 5.1845% or 28.59 million shares worth $199.35 million as of 2024-06-30.