Its Stock Has Paid Off Big Time For NuScale Power Corporation

With 10.81 million shares changed hands, the volume of the stock remained heavier than its average volume of 4.13 million shares. During the session, the Specialty Industrial Machinery company that operates in wider Industrials sector, reached to the highest price of $6.44 whereas the lowest price it dropped to was $5.15. The 52-week range on SMR shows that it touched its highest point at $11.21 and its lowest point at $1.81 during that stretch. It currently has a 1-year price target of $7.62. Beta for the stock currently stands at 1.07.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SMR was up-trending over the past week, with a rise of 23.29%, but this was up by 69.03% over a month. Three-month performance surged to 55.95% while six-month performance rose 3.56%. The stock lost -38.57% in the past year, while it has gained 59.27% so far this year. A look at the trailing 12-month EPS for SMR yields -0.79 with Next year EPS estimates of -0.44. For the next quarter, that number is -0.13. This implies an EPS growth rate of 40.68% for this year and 7.76% for next year.

Float and Shares Shorts:

At present, 76.90 million SMR shares are outstanding with a float of 56.29 million shares on hand for trading. On Mar 15, 2024, short shares totaled 15.1 million, which was 18.92% higher than short shares on Feb 15, 2024. In addition to SMI as the firm’s Semiconductor Manufacturing In, SMH serves as its VanEck Semiconductor ETF.

Institutional Ownership:

Through their ownership of 55.44% of SMR’s outstanding shares, institutional investors have majority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. Over the past year, revenue came in at $1.61M while operating income stood at -$166.12M. EBITDA for the full year was -$95.37M.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SMR since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.