NexGen Energy Ltd (NYSE: NXE) is -26.97% lower on its value in year-to-date trading and has touched a low of $4.44 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 $4.69 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $4.82, the stock is -6.33% and -21.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.79 million and changing 2.77% at the moment leaves the stock -28.21% off its SMA200. NXE registered -32.87% loss for a year compared to 6-month gain of -17.32%. The firm has a 50-day simple moving average (SMA 50) of $6.1184 and a 200-day simple moving average (SMA200) of $6.714.
The stock witnessed a -25.73% loss in the last 1 month and extending the period to 3 months gives it a -40.42%, and is 5.93% 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 4.37% over the week and 5.22% over the month.
NexGen Energy Ltd (NXE) has around 133 employees, a market worth around $2.74B and $0.00M in sales. Distance from 52-week low is 8.56% and -46.21% 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 -0.84% this year, but quarterly earnings will post 0.00% year-over-year.
NexGen Energy Ltd (NXE) Top Institutional Holders
347.0 institutions hold shares in NexGen Energy Ltd (NXE), with institutional investors hold 57.20% of the company’s shares. The shares outstanding are 569.09M, and float is at 521.52M with Short Float at 10.98%. Institutions hold 52.62% 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 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
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