NuScale Power Corporation (NYSE: SMR)’s stock price has increased by 5.54 compared to its previous closing price of 24.35. However, the company has seen a -13.32% decrease in its stock price over the last five trading sessions. fool.com reported 2024-12-06 that After a strong run for some energy stocks in the fall, the rally fell flat this week with many nuclear and renewable energy stocks dropping.
Is It Worth Investing in NuScale Power Corporation (NYSE: SMR) Right Now?
SMR has 36-month beta value of 1.35. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 1 as “sell.”
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The public float for SMR is 85.25M, and currently, short sellers hold a 26.10% ratio of that float. The average trading volume of SMR on December 09, 2024 was 10.67M shares.
SMR’s Market Performance
SMR stock saw an increase of -13.32% in the past week, with a monthly gain of 20.04% and a quarterly increase of 239.50%. The volatility ratio for the week is 11.91%, and the volatility levels for the last 30 days are 13.43% for NuScale Power Corporation (SMR). The simple moving average for the last 20 days is -1.32% for SMR stock, with a simple moving average of 131.98% for the last 200 days.
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 26.74% 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 -20.43% of loss for the given period.
Volatility was left at 13.43%, however, over the last 30 days, the volatility rate increased by 11.91%, as shares surge +18.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +116.15% upper at present.
During the last 5 trading sessions, SMR fell by -13.32%, which changed the moving average for the period of 200-days by +915.81% in comparison to the 20-day moving average, which settled at $26.04. In addition, NuScale Power Corporation saw 681.16% 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 sale 18,186 shares at the price of $29.00 back on Nov 29 ’24. After this action, Engel Jacqueline F. now owns 3,801 shares of NuScale Power Corporation, valued at $527,394 using the latest closing price.
Engel Jacqueline F., the Officer of NuScale Power Corporation, proposed sale 18,186 shares at $29.00 during a trade that took place back on Nov 29 ’24, which means that Engel Jacqueline F. is holding shares at $527,394 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 336.89. 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
To put it simply, NuScale Power Corporation (SMR) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.
