NuScale Power Corporation (NYSE: SMR) is 171.12% higher on its value in year-to-date trading and has touched a low of $1.81 and a high of $16.91 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SMR stock was last observed hovering at around $9.42 in the last trading session, with the day’s loss setting it -0.5%.
Currently trading at $8.92, the stock is -6.35% and -15.79% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.12 million and changing -5.31% at the moment leaves the stock 51.78% off its SMA200. SMR registered 33.73% gain for a year compared to 6-month gain of 235.34%.
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The stock witnessed a -19.35% loss in the last 1 month and extending the period to 3 months gives it a 23.03%, and is -10.62% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.17% over the week and 13.15% over the month.
NuScale Power Corporation (SMR) has around 552 employees, a market worth around $844.90M and $13.86M in sales. Profit margin for the company is -592.28%. Distance from 52-week low is 392.82% and -47.25% from its 52-week high. The company has generated returns on investments over the last 12 months (-60.20%).
with sales reaching $3.96M over the same period.The EPS is expected to grow by 30.18% this year, but quarterly earnings will post -44.90% year-over-year.
NuScale Power Corporation (SMR) Top Institutional Holders
230.0 institutions hold shares in NuScale Power Corporation (SMR), with institutional investors hold 55.95% of the company’s shares. The shares outstanding are 94.72M, and float is at 83.21M with Short Float at 21.25%. Institutions hold 46.49% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 5.47 million shares valued at $29.02 million. The investor’s holdings represent 7.1082 of the SMR Shares outstanding. As of 2024-03-31, the second largest holder is BLACKROCK INC. with 3.54 million shares valued at $18.78 million to account for 4.5995 of the shares outstanding. The other top investors are SWEDBANK AB which holds 3.5 million shares representing 4.5517 and valued at over $18.59 million, while FMR LLC holds 3.8651 of the shares totaling 2.97 million with a market value of $15.78 million.
NuScale Power Corporation (SMR) Insider Activity
The most recent transaction is an insider sale by Temple Robert K, the company’s Retired. SEC filings show that Temple Robert K sold 50,000 shares of the company’s common stock on Aug 13 ’24 at a price of $10.03 per share for a total of $0.5 million. Following the sale, the insider now owns 19054.0 shares.
NuScale Power Corporation disclosed in a document filed with the SEC on Aug 14 ’24 that Temple Robert K (Retired) sold a total of 50,000 shares of the company’s common stock. The trade occurred on Aug 14 ’24 and was made at $10.00 per share for $0.5 million. Following the transaction, the insider now directly holds 19054.0 shares of the SMR stock.
Still, SEC filings show that on Aug 14 ’24, Temple Robert K (Former Officer) Proposed Sale 50,000 shares at an average price of $10.00 for $0.5 million. The insider now directly holds shares of NuScale Power Corporation (SMR).
