During the last session, NuScale Power Corporation (NYSE:SMR)’s traded shares were 11.82 million, with the beta value of the company hitting 1.20. At the end of the trading day, the stock’s price was $27.67, reflecting an intraday gain of 7.50% or $1.93. The company’s market capitalization is $7.07B, and the average intraday trading volume over the past 10 days was 13.78 million shares, and the average trade volume was 9.34 million shares over the past three months.
NuScale Power Corporation (SMR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.00. SMR has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it.
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NuScale Power Corporation (NYSE:SMR) trade information
NuScale Power Corporation (SMR) registered a 7.50% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 7.50% in intraday trading to $27.67, hitting a weekly high. The stock’s 5-day price performance is 12.21%, and it has moved by 59.76% in 30 days. Based on these gigs, the overall price performance for the year is 1015.73%. The short interest in NuScale Power Corporation (NYSE:SMR) is 23.48 million shares and it means that shorts have 1.81 day(s) to cover.
The consensus price target of analysts on Wall Street is $16, which implies a decrease of -72.94% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4.5 and $21 respectively. As a result, SMR is trading at a premium of 24.11% off the target high and 83.74% off the low.
While earnings are projected to return 9.06% in 2024.
SMR Dividends
NuScale Power Corporation is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
NuScale Power Corporation (NYSE:SMR)’s Major holders
NuScale Power Corporation insiders own 10.55% of total outstanding shares while institutional holders control 50.05%, with the float percentage being 55.95%. VANGUARD GROUP INC is the largest shareholder of the company, while 281.0 institutions own stock in it. As of 2024-06-30, the company held over 6.97 million shares (or 8.7549% of all shares), a total value of $81.45 million in shares.
The next largest institutional holding, with 4.98 million shares, is of BLACKROCK INC.’s that is approximately 6.263% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $58.27 million.
