Company’s 36-month beta value is 1.23.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 1 as “sell.”
The public float for SMR is 78.80M, and currently, short sellers hold a 22.64% ratio of that floaft. The average trading volume of SMR on September 03, 2024 was 5.69M shares.
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SMR) stock’s latest price update
NuScale Power Corporation (NYSE: SMR)’s stock price has decreased by -9.42 compared to its previous closing price of 8.23. However, the company has seen a -9.09% decrease in its stock price over the last five trading sessions. zacks.com reported 2024-08-30 that Although SMR shares have dipped in the past month, a modest top-line growth prospect and stretched valuation should keep investors on the sidelines.
SMR’s Market Performance
NuScale Power Corporation (SMR) has seen a -9.09% fall in stock performance for the week, with a -13.21% decline in the past month and a -2.29% plunge in the past quarter. The volatility ratio for the week is 7.84%, and the volatility levels for the past 30 days are at 10.96% for SMR. The simple moving average for the last 20 days is -15.12% for SMR stock, with a simple moving average of 21.72% for the last 200 days.
Analysts’ Opinion of SMR
Many brokerage firms have already submitted their reports for SMR stocks, with Wells Fargo repeating the rating for SMR by listing it as a “Underweight.” The predicted price for SMR in the upcoming period, according to Wells Fargo is $4.50 based on the research report published on March 19, 2024 of the current year 2024.
Canaccord Genuity, on the other hand, stated in their research note that they expect to see SMR reach a price target of $4.25. The rating they have provided for SMR stocks is “Buy” according to the report published on January 29th, 2024.
B. Riley Securities gave a rating of “Buy” to SMR, setting the target price at $12 in the report published on October 13th of the previous year.
SMR Trading at -29.27% from the 50-Day Moving Average
After a stumble in the market that brought SMR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -55.91% of loss for the given period.
Volatility was left at 10.96%, however, over the last 30 days, the volatility rate increased by 7.84%, as shares sank -14.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -25.30% lower at present.
During the last 5 trading sessions, SMR fell by -8.72%, which changed the moving average for the period of 200-days by +205.51% in comparison to the 20-day moving average, which settled at $8.72. In addition, NuScale Power Corporation saw 126.60% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SMR starting from Hamady Robert Ramsey, who sale 19,242 shares at the price of $7.98 back on Aug 27 ’24. After this action, Hamady Robert Ramsey now owns 57,681 shares of NuScale Power Corporation, valued at $153,609 using the latest closing price.
Hamady Robert Ramsey, the Officer of NuScale Power Corporation, proposed sale 19,242 shares at $7.98 during a trade that took place back on Aug 27 ’24, which means that Hamady Robert Ramsey is holding shares at $153,613 based on the most recent closing price.
Stock Fundamentals for SMR
Current profitability levels for the company are sitting at:
- -18.03 for the present operating margin
- 0.18 for the gross margin
The net margin for NuScale Power Corporation stands at -5.92. The total capital return value is set at -1.47. Equity return is now at value -66.61, with -30.47 for asset returns.
Based on NuScale Power Corporation (SMR), the company’s capital structure generated -0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 2184.72. The debt to equity ratio resting at -0.0. The interest coverage ratio of the stock is -51.57.
Currently, EBITDA for the company is -296.63 million with net debt to EBITDA at 0.55. When we switch over and look at the enterprise to sales, we see a ratio of 41.96. The receivables turnover for the company is 1.65for trailing twelve months and the total asset turnover is 0.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.66.
Conclusion
In a nutshell, NuScale Power Corporation (SMR) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
