NuScale Power Corporation (NYSE: SMR) has seen a decline in its stock price by -2.45 in relation to its previous close of 21.66. However, the company has experienced a -17.78% decline in its stock price over the last five trading sessions. fool.com reported 2024-12-14 that We are in the midst of a nuclear energy renaissance. Technology players across the board are making commitments to restart nuclear power plants or pay for electricity from upcoming facilities.
Is It Worth Investing in NuScale Power Corporation (NYSE: SMR) Right Now?
Moreover, the 36-month beta value for SMR is 1.37. Analysts have varying opinions 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 86.25M and currently, short sellers hold a 21.61% of that float. On December 16, 2024, SMR’s average trading volume was 11.14M shares.
SMR’s Market Performance
SMR’s stock has seen a -17.78% decrease for the week, with a -15.41% drop in the past month and a 118.29% gain in the past quarter. The volatility ratio for the week is 10.62%, and the volatility levels for the past 30 days are at 12.02% for NuScale Power Corporation The simple moving average for the last 20 days is -17.35% for SMR stock, with a simple moving average of 82.77% 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 -0.77% 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 -34.58% of loss for the given period.
Volatility was left at 12.02%, however, over the last 30 days, the volatility rate increased by 10.62%, as shares sank -14.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +75.94% upper at present.
During the last 5 trading sessions, SMR fell by -17.78%, which changed the moving average for the period of 200-days by +581.61% in comparison to the 20-day moving average, which settled at $25.56. In addition, NuScale Power Corporation saw 542.25% 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 proposed sale 28,840 shares at the price of $23.08 back on Dec 12 ’24. After this action, Hamady Robert Ramsey now owns shares of NuScale Power Corporation, valued at $665,627 using the latest closing price.
Engel Jacqueline F., the Interim VP, Accounting of NuScale Power Corporation, sale 1,007 shares at $26.49 during a trade that took place back on Dec 09 ’24, which means that Engel Jacqueline F. is holding 2,794 shares at $26,675 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 274.29. 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 wrap up, the performance of NuScale Power Corporation (SMR) has been mixed in recent times. The stock has received a bullish of “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.
