NexGen Energy Ltd (NYSE: NXE) is -21.67% 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 $4.92 in the last trading session, with the day’s gains setting it 0.25%.
Currently trading at $5.17, the stock is 4.73% and -12.28% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.67 million and changing 5.08% at the moment leaves the stock -22.22% off its SMA200. NXE registered -31.97% loss for a year compared to 6-month loss of -13.55%. The firm has a 50-day simple moving average (SMA 50) of $5.8936 and a 200-day simple moving average (SMA200) of $6.64655.
The stock witnessed a -7.51% gain in the last 1 month and extending the period to 3 months gives it a -25.93%, and is 7.26% 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 4.33% over the week and 5.03% over the month.
NexGen Energy Ltd (NXE) has around 133 employees, a market worth around $2.94B and $0.00M in sales. Distance from 52-week low is 16.44% and -42.30% 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 -0.99% this year, but quarterly earnings will post 0.00% year-over-year.
NexGen Energy Ltd (NXE) Top Institutional Holders
348.0 institutions hold shares in NexGen Energy Ltd (NXE), with institutional investors hold 57.28% 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 52.70% 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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