In yesterday’s Wall Street session, NexGen Energy Ltd (NYSE:NXE) shares traded at $6.60, down -2.37% from the previous session.
12 analysts cover NexGen Energy Ltd (NYSE:NXE), according to research data. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $9.45 and a low of $7.25, we find $7.97. Given the previous closing price of $6.76, this indicates a potential upside of 17.9 percent. NXE stock price is now 10.59% away from the 50-day moving average and 37.93% away from the 200-day moving average. The market capitalization of the company currently stands at $3.45B.
The stock has received a hold rating from 0 analysts and a buy rating from 10. Brokers who have rated the stock have averaged $8.00 as their price target over the next twelve months.
Insiders disposed of 25,770,316 shares of company stock worth roughly $170.08 million over the past 1 year. A total of 12.83% of the company’s stock is owned by insiders.
On Tuesday morning NexGen Energy Ltd (NYSE: NXE) stock kicked off with the opening price of $6.76. During the past 12 months, NexGen Energy Ltd has had a low of $3.49 and a high of $6.82. As of last week, the company has a debt-to-equity ratio of 0.30, a current ratio of 13.66, and a quick ratio of 13.66. The fifty day moving average price for NXE is $5.97 and a two-hundred day moving average price translates $4.78 for the stock.
The latest earnings results from NexGen Energy Ltd (NYSE: NXE) was released for Sep, 2023. According to the Uranium Company, earnings per share came in at -$0.08, missing analysts’ expectations of -$0.02 by -0.06. This compares to -$0.04 EPS in the same period last year. The company reported revenue of $18.36 million for the quarter, compared to $12.03 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 52.61 percent.
