NexGen Energy Ltd (NYSE: NXE) Now -44.75% Off Its High ($8.96), Does Analysts See Headwinds And Risks?

NexGen Energy Ltd (NYSE:NXE) currently has a daily average trading volume of 9.13M but it saw 8525168 shares traded in last market. With a market cap of 2.82B USD, the company’s current market price of $4.95 came rising about 2.70 while comparing to the previous closing price of $4.82. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.96 and as low as $4.44. In the recent trading on the day, stock has struck highest price mark of $4.83 while lowest mark touched by it was $4.97.

Taking a look at 20-day trading activity of NexGen Energy Ltd (NXE) gives us an average price of $5.03, while its current price level is -44.75% below from 52-week high level whereas it is 11.49% 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 $6.02 while that of 200 days or SMA-200 reads an average of $6.68. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.72% during that period while stretching the period over a month that increases to 5.00%. 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 40.11 which implies that the stock is in neutral territory.

Over the week, NXE’s stock price is moving 2.91% up while it is -19.51% when we observe its performance for the past one month. Year-to-date it is -25.00% down and over the past year, the stock is showing a downside performance of -33.38%.

The company is expected to be releasing its next quarterly report on 2025-Mar-03, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, NexGen Energy Ltd’s total number of outstanding shares is 569.09M with 8.00% of that held by the insiders while 52.69% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -6.83% and return on equity (ROE) at -7.77%. Stock’s beta reads 1.99. Stock has a price to book (P/B) ratio of 3.44. Its return on asset (ROA) is -5.84% on average.