NuScale Power Corporation (NYSE: SMR) Now 12.77% Off Its High ($16.91), Does Analysts See Headwinds And Risks?

NuScale Power Corporation (NYSE:SMR) currently has a daily average trading volume of 5.49M but it saw 39972361 shares traded in last market. With a market cap of 1.81B USD, the company’s current market price of $19.07 came rising about 40.01 while comparing to the previous closing price of $13.62. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.91 and as low as $1.81. In the recent trading on the day, stock has struck highest price mark of $14.33 while lowest mark touched by it was $19.41.

Taking a look at 20-day trading activity of NuScale Power Corporation (SMR) gives us an average price of $12.50, while its current price level is 12.77% below from 52-week high level whereas it is 953.59% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $10.19 while that of 200 days or SMA-200 reads an average of $7.40. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.84% during that period while stretching the period over a month that decreases to 12.76%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 79.81 which implies that the stock is in overbought territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Craig Hallum which initiated the stock as “Buy” in its note to investors issued on September 26, 2024, recommending a price target of $16 for it. Wells Fargo issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $7.50 and $4.50.

Over the week, SMR’s stock price is moving 61.20% up while it is 109.79% when we observe its performance for the past one month. Year-to-date it is 479.64% up and over the past year, the stock is showing an upside performance of 224.32%.

Currently, NuScale Power Corporation’s total number of outstanding shares is 94.72M. Company’s return on investment (ROI) stands at -60.20% and return on equity (ROE) at -66.61%. Stock’s beta reads 1.26. Stock has a price to book (P/B) ratio of 12.94 while price to sale or P/S ratio amounts to 130.33. Its return on asset (ROA) is -30.47% on average.