NexGen Energy Ltd (NYSE: NXE) is -31.97% 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 $4.55 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $4.49, the stock is -6.92% and -21.13% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.36 million and changing -1.32% at the moment leaves the stock -31.87% off its SMA200. NXE registered -41.61% loss for a year compared to 6-month loss of -32.58%. The firm has a 50-day simple moving average (SMA 50) of $5.6932 and a 200-day simple moving average (SMA200) of $6.59055.
The stock witnessed a -15.12% gain in the last 1 month and extending the period to 3 months gives it a -34.55%, and is -13.15% 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 5.33% over the week and 5.13% over the month.
NexGen Energy Ltd (NXE) has around 133 employees, a market worth around $2.56B and $0.00M in sales. Distance from 52-week low is 1.13% and -49.89% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.83%).
The EPS is expected to grow by 2.80% 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 57.27% of the company’s shares. The shares outstanding are 569.09M, and float is at 521.52M with Short Float at 11.88%. Institutions hold 52.69% 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 ALPS ADVISORS INC holds 2.1096 of the shares totaling 16.33 million with a market value of $114.01 million.
NexGen Energy Ltd (NXE) Insider Activity
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