NexGen Energy Ltd (NYSE: NXE) has seen a decline in its stock price by -0.31 in relation to its previous close of 6.53. However, the company has experienced a 2.84% gain in its stock price over the last five trading sessions. etftrends.com reported 2025-02-02 that By Coulter Regal, CFA, Associate Product Manager Nuclear energy demand is growing. Here are the top ten nuclear energy companies shaping the future of clean power, along with key investing insights.
Is It Worth Investing in NexGen Energy Ltd (NYSE: NXE) Right Now?
The price-to-earnings ratio for NexGen Energy Ltd (NYSE: NXE) is 37.44x, which is above its average ratio. Moreover, the 36-month beta value for NXE is 1.95. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for NXE is 516.13M and currently, short sellers hold a 10.02% of that float. On February 11, 2025, NXE’s average trading volume was 7.61M shares.
NXE’s Market Performance
NXE stock saw a decrease of 2.84% in the past week, with a monthly decline of -5.92% and a quarterly a decrease of -8.05%. The volatility ratio for the week is 4.34%, and the volatility levels for the last 30 days are 5.32% for NexGen Energy Ltd (NXE). The simple moving average for the last 20 days is -3.40% for NXE stock, with a simple moving average of -7.22% for the last 200 days.
NXE Trading at -9.60% from the 50-Day Moving Average
After a stumble in the market that brought NXE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -27.34% of loss for the given period.
Volatility was left at 5.32%, however, over the last 30 days, the volatility rate increased by 4.34%, as shares sank -3.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.41% lower at present.
During the last 5 trading sessions, NXE rose by +2.84%, which changed the moving average for the period of 200-days by -16.75% in comparison to the 20-day moving average, which settled at $6.74. In addition, NexGen Energy Ltd saw -1.36% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for NXE
The total capital return value is set at -0.05. Equity return is now at value 15.81, with 11.38 for asset returns.
Based on NexGen Energy Ltd (NXE), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at -0.09. The debt to equity ratio resting at 0.35. The interest coverage ratio of the stock is -2.29.
Currently, EBITDA for the company is -83.72 million with net debt to EBITDA at -0.77. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.16.
Conclusion
To wrap up, the performance of NexGen Energy Ltd (NXE) has been bad 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.
