NexGen Energy Ltd (NYSE: NXE) is -31.06% lower on its value in year-to-date trading and has touched a low of $4.58 and a high of $8.96 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 $4.85 in the last trading session, with the day’s loss setting it -0.3%.
Currently trading at $4.55, the stock is -18.00% and -28.02% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 13.15 million and changing -6.19% at the moment leaves the stock -32.99% off its SMA200. NXE registered -40.45% loss for a year compared to 6-month gain of -16.21%.
The stock witnessed a -29.46% loss in the last 1 month and extending the period to 3 months gives it a -45.38%, and is -4.61% 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 5.09% over the week and 5.10% over the month.
NexGen Energy Ltd (NXE) has around 133 employees, a market worth around $2.59B and $0.00M in sales. Distance from 52-week low is -0.66% and -49.22% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.83%).
The EPS is expected to shrink by -6.03% this year, but quarterly earnings will post 0.00% year-over-year.
NexGen Energy Ltd (NXE) Top Institutional Holders
The shares outstanding are 569.09M, and float is at 521.52M with Short Float at 11.19%.
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 3.9153% 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 3.6932 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 19.07 million shares representing 3.4577% and valued at over $133.11 million, while FMR LLC holds 2.4106 of the shares totaling 13.3 million with a market value of $92.71 million.
NexGen Energy Ltd (NXE) Insider Activity
#####
