The stock of NuScale Power Corporation (SMR) has seen a 15.25% increase in the past week, with a 53.32% gain in the past month, and a 287.48% flourish in the past quarter. The volatility ratio for the week is 13.50%, and the volatility levels for the past 30 days are at 12.77% for SMR. The simple moving average for the last 20 days is 28.72% for SMR’s stock, with a simple moving average of 203.09% for the last 200 days.
Is It Worth Investing in NuScale Power Corporation (NYSE: SMR) Right Now?
The 36-month beta value for SMR is at 1.28. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 as “hold,” and 1 as “sell.”
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The public float for SMR is 85.23M, and currently, shorts hold a 26.10% of that float. The average trading volume for SMR on November 29, 2024 was 9.98M shares.
SMR) stock’s latest price update
NuScale Power Corporation (NYSE: SMR)’s stock price has soared by 13.65 in relation to previous closing price of 28.06. Nevertheless, the company has seen a gain of 15.25% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-26 that NuScale’s NRC-approved SMR technology positions it well for rising electricity demand, especially from data centers, with a focus on clean, reliable energy. Despite a significant stock price surge and reduced operating expenses, NuScale’s current valuation appears overextended, with growth already priced in until 2027. Financially, NuScale’s cash reserves and ATM program could sustain operations until 2027, but technology, execution, and capital market risks remain.
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 68.45% 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 -0.25% of loss for the given period.
Volatility was left at 12.77%, however, over the last 30 days, the volatility rate increased by 13.50%, as shares surge +64.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +228.51% upper at present.
During the last 5 trading sessions, SMR rose by +14.09%, which changed the moving average for the period of 200-days by +1,027.50% in comparison to the 20-day moving average, which settled at $24.76. In addition, NuScale Power Corporation saw 869.30% 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 Engel Jacqueline F., who proposed sale 18,186 shares at the price of $29.00 back on Nov 29 ’24. After this action, Engel Jacqueline F. now owns shares of NuScale Power Corporation, valued at $527,394 using the latest closing price.
Temple Robert K, the Retired of NuScale Power Corporation, sale 115,866 shares at $18.20 during a trade that took place back on Oct 16 ’24, which means that Temple Robert K is holding 14,054 shares at $2,108,761 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 413.86. 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 conclusion, NuScale Power Corporation (SMR) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
