NexGen Energy Ltd (NYSE: NXE) is -7.00% lower on its value in year-to-date trading and has touched a low of $4.95 and a high of $8.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NXE stock was last observed hovering at around $6.26 in the last trading session, with the day’s gains setting it 0.25%.
Currently trading at $6.51, the stock is 12.02% and 8.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.53 million and changing 3.99% at the moment leaves the stock -8.04% off its SMA200. NXE registered 9.41% gain for a year compared to 6-month loss of -15.89%.
The stock witnessed a 12.24% gain in the last 1 month and extending the period to 3 months gives it a -3.41%, and is 13.22% up 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 4.26% over the week and 4.38% over the month.
NexGen Energy Ltd (NXE) has around 77 employees, a market worth around $3.68B and $0.00M in sales. Current P/E ratio is 78.72. Distance from 52-week low is 31.52% and -26.69% from its 52-week high. The company has generated returns on investments over the last 12 months (7.08%).
The EPS is expected to shrink by -166.40% this year.
NexGen Energy Ltd (NXE) Top Institutional Holders
323.0 institutions hold shares in NexGen Energy Ltd (NXE), with institutional investors hold 59.78% of the company’s shares. The shares outstanding are 525.34M, and float is at 517.60M with Short Float at 9.96%. Institutions hold 55.02% of the Float.
The top institutional shareholder in the company is L1 CAPITAL PTY LTD with over 30.31 million shares valued at $288.89 million. The investor’s holdings represent 5.4964% of the NXE Shares outstanding. As of 2024-06-30, the second largest holder is MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. with 28.59 million shares valued at $199.35 million to account for 5.1845 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 19.07 million shares representing 3.5536% and valued at over $133.11 million, while ALPS ADVISORS INC holds 2.9615 of the shares totaling 16.33 million with a market value of $114.01 million.
NexGen Energy Ltd (NXE) Insider Activity
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