NexGen Energy Ltd (NYSE: NXE) is -20.61% lower on its value in year-to-date trading and has touched a low of $3.91 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 $5.33 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $5.24, the stock is 8.86% and 8.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.14 million and changing -1.69% at the moment leaves the stock -17.08% off its SMA200. NXE registered -32.82% loss for a year compared to 6-month loss of -29.19%.
The stock witnessed a 16.70% gain in the last 1 month and extending the period to 3 months gives it a -17.22%, and is -1.13% 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 4.22% over the week and 6.00% over the month.
NexGen Energy Ltd (NXE) has around 133 employees, a market worth around $2.98B and $0.00M in sales. Distance from 52-week low is 34.02% and -41.52% 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 1.53% 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 521.51M with Short Float at 15.38%.
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 2.4631% 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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