Investors Are Waking Up To NuScale Power Corporation (NYSE: SMR) After Rising 950.94% Over The Past 12 Months

NuScale Power Corporation (NYSE:SMR) currently has a daily average trading volume of 9.85M but it saw 10847316 shares traded in last market. With a market cap of 7.63B USD, the company’s current market price of $28.06 came rising about 6.53 while comparing to the previous closing price of $26.34. In past 52 weeks, the stock remained buoying in the range of price level as high as $31.97 and as low as $1.88. In the recent trading on the day, stock has struck highest price mark of $25.95 while lowest mark touched by it was $28.42.

Taking a look at 20-day trading activity of NuScale Power Corporation (SMR) gives us an average price of $24.14, while its current price level is -12.23% below from 52-week high level whereas it is 1392.55% 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 $18.49 while that of 200 days or SMA-200 reads an average of $10.38. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.50% during that period while stretching the period over a month that decreases to 12.77%. 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 62.73 which implies that the stock is in neutral 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 9.01% up while it is 29.85% when we observe its performance for the past one month. Year-to-date it is 752.89% up and over the past year, the stock is showing an upside performance of 950.94%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.25 beaten by the consensus estimate of -0.22 for the same. The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of -0.13 while estimate for next year EPS is -1.19. In next quarter, company is expected to be making quarterly sales of $1.46M as analysts are expecting the sales for current fiscal year at $21.96M and seeing the company making $90.54M in sales next year. Moreover, analysts are in estimates of $475k for current-quarter revenue.

Currently, NuScale Power Corporation’s total number of outstanding shares is 101.10M. Company’s return on investment (ROI) stands at -50.23% and return on equity (ROE) at -60.46%. Stock’s beta reads 1.26. Stock has a price to book (P/B) ratio of 17.16 while price to sale or P/S ratio amounts to 1034.34. Its return on asset (ROA) is -28.62% on average.