A share price of NuScale Power Corporation [SMR] is currently trading at $10.70, up 11.34%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SMR shares have gain 10.54% over the last week, with a monthly amount glided 21.73%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
NuScale Power Corporation [NYSE: SMR] stock has seen the most recent analyst activity on September 13, 2024, when CLSA initiated its Outperform rating and assigned the stock a price target of $11. Previously, Wells Fargo downgraded its rating to Underweight on March 19, 2024, and dropped its price target to $4.50. On January 29, 2024, Canaccord Genuity initiated with a Buy rating and assigned a price target of $4.25 on the stock. B. Riley Securities started tracking the stock assigning a Buy rating and suggested a price target of $12 on October 13, 2023. UBS initiated its recommendation with a Neutral and recommended $13 as its price target on October 25, 2022. Wells Fargo started tracking with a Equal Weight rating for this stock on August 25, 2022, and assigned it a price target of $17. In a note dated August 18, 2022, Guggenheim initiated an Buy rating and provided a target price of $18 on this stock.
NuScale Power Corporation experienced fluctuations in its stock price throughout the past year between $1.81 and $16.91. Currently, Wall Street analysts expect the stock to reach $12.17 within the next 12 months. NuScale Power Corporation [NYSE: SMR] shares were valued at $10.70 at the most recent close of the market. An investor can expect a potential return of 13.74% based on the average SMR price forecast.
Analyzing the SMR fundamentals
Trailing Twelve Months sales for NuScale Power Corporation [NYSE:SMR] were 13.86M which represents -83.31% decline. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at -18.03%, Pretax Profit Margin comes in at -17.13%, and Net Profit Margin reading is -5.92%. To continue investigating profitability, this company’s Return on Assets is posted at -0.36, Equity is -0.71 and Total Capital is -1.47. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 9.73 points at the first support level, and at 8.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.65, and for the 2nd resistance point, it is at 12.60.
Ratios To Look Out For
To put it in perspective, the Current Ratio for NuScale Power Corporation [NYSE:SMR] is 2.66. In addition, the Quick Ratio stands at 2.66 and the Cash Ratio stands at 2.31. Considering the valuation of this stock, the price to sales ratio is 73.12, the price to book ratio is 7.26.
Transactions by insiders
Recent insider trading involved Temple Robert K, Former Officer, that happened on Sep 20 ’24 when 0.14 million shares were purchased. Retired, Temple Robert K completed a deal on Sep 13 ’24 to sell 5000.0 shares. Meanwhile, Former Officer Temple Robert K bought 5000.0 shares on Sep 13 ’24.
