NuScale Power Corporation (NYSE: SMR) is 16.84% higher on its value in year-to-date trading and has touched a low of $2.45 and a high of $32.30 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 $20.27 in the last trading session, with the day’s gains setting it 0.68%.
Currently trading at $20.95, the stock is -2.55% and -9.29% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 16.77 million and changing 3.35% at the moment leaves the stock 52.37% off its SMA200. SMR registered 731.35% gain for a year compared to 6-month gain of 93.09%. The firm has a 50-day simple moving average (SMA 50) of $23.141 and a 200-day simple moving average (SMA200) of $13.67155.
The stock witnessed a -0.29% loss in the last 1 month and extending the period to 3 months gives it a 13.92%, and is -18.20% 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 13.89% over the week and 11.51% over the month.
NuScale Power Corporation (SMR) has around 552 employees, a market worth around $5.74B and $7.38M in sales. Profit margin for the company is -1089.32%. Distance from 52-week low is 753.36% and -35.14% from its 52-week high. The company has generated returns on investments over the last 12 months (-50.23%).
with sales reaching $475k over the same period.The EPS is expected to grow by 9.08% this year, but quarterly earnings will post 3.76% year-over-year. Quarterly sales are estimated to shrink -89.58% in year-over-year returns.
NuScale Power Corporation (SMR) Top Institutional Holders
310.0 institutions hold shares in NuScale Power Corporation (SMR), with institutional investors hold 58.92% of the company’s shares. The shares outstanding are 119.55M, and float is at 101.08M with Short Float at 18.22%. Institutions hold 52.72% 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 Hopkins John Lawrence, the company’s Chief Executive Officer. SEC filings show that Hopkins John Lawrence sold 664,568 shares of the company’s common stock on Jan 02 ’25 at a price of $18.04 per share for a total of $11.99 million. Following the sale, the insider now owns 34675.0 shares.
Still, SEC filings show that on Dec 12 ’24, Hamady Robert Ramsey (Chief Financial Officer) disposed off 28,840 shares at an average price of $23.08 for $0.67 million. The insider now directly holds 28,841 shares of NuScale Power Corporation (SMR).
