NuScale Power Corporation (NYSE: SMR) is 263.22% 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 $10.89 in the last trading session, with the day’s gains setting it 1.06%.
Currently trading at $11.95, the stock is 37.86% and 24.80% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.63 million and changing 9.73% at the moment leaves the stock 81.55% off its SMA200. SMR registered 128.05% gain for a year compared to 6-month gain of 193.61%. The firm has a 50-day simple moving average (SMA 50) of $9.4984 and a 200-day simple moving average (SMA200) of $6.62625.
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The stock witnessed a 37.83% loss in the last 1 month and extending the period to 3 months gives it a 8.93%, and is 31.46% 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 12.42% over the week and 9.55% over the month.
NuScale Power Corporation (SMR) has around 552 employees, a market worth around $1.13B and $13.86M in sales. Profit margin for the company is -592.28%. Distance from 52-week low is 560.22% and -29.33% from its 52-week high. The company has generated returns on investments over the last 12 months (-60.20%).
The EPS is expected to shrink by -5.13% this year.
NuScale Power Corporation (SMR) Top Institutional Holders
234.0 institutions hold shares in NuScale Power Corporation (SMR), with institutional investors hold 55.86% of the company’s shares. The shares outstanding are 94.72M, and float is at 79.84M with Short Float at 24.73%. Institutions hold 46.39% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 6.97 million shares valued at $81.45 million. The investor’s holdings represent 8.7549% of the SMR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 4.98 million shares valued at $58.27 million to account for 6.263 of the shares outstanding. The other top investors are MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. which holds 4.56 million shares representing 5.734% and valued at over $53.35 million, while SWEDBANK AB holds 4.3984 of the shares totaling 3.5 million with a market value of $40.92 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 144,627 shares of the company’s common stock on Sep 20 ’24 at a price of $10.90 per share for a total of $1.58 million. Following the sale, the insider now owns 14054.0 shares.
Still, SEC filings show that on Sep 13 ’24, Temple Robert K (Retired) disposed off 5,000 shares at an average price of $9.57 for $47875.0. The insider now directly holds 14,054 shares of NuScale Power Corporation (SMR).
