NuScale Power Corporation (SMR) Stock: A Guide to the Market Trend

The stock of NuScale Power Corporation (SMR) has seen a -6.04% decrease in the past week, with a 27.69% gain in the past month, and a 144.27% flourish in the past quarter. The volatility ratio for the week is 14.09%, and the volatility levels for the past 30 days are at 12.59% for SMR. The simple moving average for the past 20 days is 10.18% for SMR’s stock, with a 145.13% simple moving average for the past 200 days.

Is It Worth Investing in NuScale Power Corporation (NYSE: SMR) Right Now?

The 36-month beta value for SMR is also noteworthy at 1.20. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 rating it as “hold,” and 1 rating it as “sell.”

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The public float for SMR is 85.23M, and at present, short sellers hold a 27.55% of that float. The average trading volume of SMR on November 18, 2024 was 8.94M shares.

SMR) stock’s latest price update

NuScale Power Corporation (NYSE: SMR)’s stock price has plunge by -6.69relation to previous closing price of 24.66. Nevertheless, the company has seen a -6.04% plunge in its stock price over the last five trading sessions. fool.com reported 2024-11-16 that Investors are hopeful the new administration will lift the nuclear sector.

Analysts’ Opinion of SMR

Many brokerage firms have already submitted their reports for SMR stocks, with Craig Hallum repeating the rating for SMR by listing it as a “Buy.” The predicted price for SMR in the upcoming period, according to Craig Hallum is $16 based on the research report published on September 26, 2024 of the current year 2024.

CLSA, on the other hand, stated in their research note that they expect to see SMR reach a price target of $11. The rating they have provided for SMR stocks is “Outperform” according to the report published on September 13th, 2024.

Wells Fargo gave a rating of “Underweight” to SMR, setting the target price at $4.50 in the report published on March 19th of the current year.

SMR Trading at 48.51% 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 -16.45% of loss for the given period.

Volatility was left at 12.59%, however, over the last 30 days, the volatility rate increased by 14.09%, as shares surge +26.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +229.66% upper at present.

During the last 5 trading sessions, SMR fell by -6.04%, which changed the moving average for the period of 200-days by +647.08% in comparison to the 20-day moving average, which settled at $20.88. In addition, NuScale Power Corporation saw 599.39% 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 Temple Robert K, who sale 115,866 shares at the price of $18.20 back on Oct 16 ’24. After this action, Temple Robert K now owns 14,054 shares of NuScale Power Corporation, valued at $2,108,761 using the latest closing price.

Temple Robert K, the Retired of NuScale Power Corporation, sale 12,054 shares at $19.14 during a trade that took place back on Oct 17 ’24, which means that Temple Robert K is holding 2,000 shares at $230,734 based on the most recent closing price.

Stock Fundamentals for SMR

Current profitability levels for the company are sitting at:

  • -26.82 for the present operating margin
  • 0.23 for the gross margin

The net margin for NuScale Power Corporation stands at -10.89. The total capital return value is set at -1.15. Equity return is now at value -60.46, with -28.62 for asset returns.

Currently, EBITDA for the company is -273.01 million with net debt to EBITDA at 0.57. When we switch over and look at the enterprise to sales, we see a ratio of 780.96. The receivables turnover for the company is 0.93for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.24.

Conclusion

In summary, NuScale Power Corporation (SMR) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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