NexGen Energy Ltd (NYSE: NXE) Recovers 43.22% From 52-Week Low, Is NXE Still A High-Risk, High-Reward Play?

NexGen Energy Ltd (NYSE:NXE) currently has a daily average trading volume of 10.25M but it saw 15824270 shares traded in last market. With a market cap of 3.19B USD, the company’s current market price of $5.60 came rising about 3.90 while comparing to the previous closing price of $5.39. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.96 and as low as $3.91.

Taking a look at 20-day trading activity of NexGen Energy Ltd (NXE) gives us an average price of $4.95, while its current price level is -37.50% below from 52-week high level whereas it is 43.22% 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 $4.85 while that of 200 days or SMA-200 reads an average of $6.31. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.93% during that period while stretching the period over a month that increases to 5.61%. 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 66.40 which implies that the stock is in neutral territory.

Over the week, NXE’s stock price is moving 7.07% up while it is 36.59% when we observe its performance for the past one month. Year-to-date it is -15.15% down and over the past year, the stock is showing a downside performance of -32.45%.

Currently, NexGen Energy Ltd’s total number of outstanding shares is 569.09M. Company’s return on investment (ROI) stands at -6.83% and return on equity (ROE) at -7.77%. Stock’s beta reads 1.52. Stock has a price to book (P/B) ratio of 3.89. Its return on asset (ROA) is -5.84% on average.