NuScale Power Corporation (NYSE:SMR) has a beta value of 1.13 and has seen 9.8 million shares traded in the last trading session. The company, currently valued at $4.70B, closed the last trade at $19.01 per share which meant it lost -$0.13 on the day or -0.68% during that session. The SMR stock price is -19.67% off its 52-week high price of $22.75 and 90.48% 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 14.73 million shares traded. The 3-month trading volume is 7.66 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 -0.68% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the SMR stock price touched $19.01 or saw a rise of 16.44%. Year-to-date, NuScale Power Corporation shares have moved 477.81%, while the 5-day performance has seen it change 3.26%. Over the past 30 days, the shares of NuScale Power Corporation (NYSE:SMR) have changed 58.28%. Short interest in the company has seen 19.89 million shares shorted with days to cover at 2.83.
Wall Street analysts have a consensus price target for the stock at $16, which means that the shares’ value could drop -18.81% from current levels. The projected low price target is $4.5 while the price target rests at a high of $21.0. In that case, then, we find that the current price level is -10.47% off the targeted high while a plunge would see the stock lose 76.33% from current levels.
NuScale Power Corporation (SMR) estimates and forecasts
The company’s shares have gained 208.60% over the past 6 months, compared to 7.30% 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 on 2024-Nov-07 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 47.78% with a share float percentage of 53.85%. Investors are also buoyed by the number of investors in a company, with NuScale Power Corporation having a total of 246.0 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.
