NexGen Energy Ltd (NYSE:NXE) does about 10.17M shares in volume on a normal day but saw 6727481 shares change hands in the recent trading day. The company now has a market cap of 3.43B USD. Its current market price is $6.02, marking a decrease of -2.59% compared to the previous close of $6.18. The 52 week high reached by this stock is $8.96 whilst the lowest price level in 52 weeks is $3.91.
The consensus objective for the share price is $9.23, suggesting that the stock has a potential upside of 34.78% over the period.
FactSet Research has provided data showing that 2 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 2 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The current price level is 5.00%, 16.92%, and -4.32% away from its SMA20, SMA50, and SMA200 respectively, with the NXE price moving below the 50-day SMA on current market day. NexGen Energy Ltd (NXE) stock is down -3.53% over the week and 14.02% over the past month. Its price is -8.79% year-to-date and -23.99% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to grow 34.78 percent from here.
Outstanding shares total 569.19M with insiders holding 7.95% of the shares and institutional holders owning 54.65% of the company’s common stock. The company has a return on investment of -8.58% and return on equity of -9.06%. The beta has a value of 1.54. Price to book ratio is 4.47.
