In Thursday’s Wall Street session, NuScale Power Corporation (NYSE:SMR) shares traded at $18.20, down -1.78% from the previous session.
SMR stock price is now -11.86% away from the 50-day moving average and 12.25% away from the 200-day moving average. The market capitalization of the company currently stands at $5.14B.
With the price target of $16, Craig Hallum recently initiated with Buy rating for NuScale Power Corporation (NYSE: SMR). On September 13, 2024, CLSA recently initiated its ‘Outperform’ rating on the stock quoting a target price of $11, while ‘Wells Fargo’ rates the stock as ‘Underweight’
In other news, Hamady Robert Ramsey, Chief Financial Officer sold 31,496 shares of the company’s stock on Mar 07 ’25. The stock was sold for $494,487 at an average price of $15.70. Upon completion of the transaction, the Chief Financial Officer now directly owns 29,985 shares in the company, valued at $0.55 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 07 ’25, Officer Hamady Robert Ramsey bought 31,496 shares of the business’s stock. A total of $494,487 was incurred on buying the stock at an average price of $15.70. A total of 13.35% of the company’s stock is owned by insiders.
During the past 12 months, NuScale Power Corporation has had a low of $3.79 and a high of $32.30. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 5.25, and a quick ratio of 5.25. The fifty day moving average price for SMR is $20.6492 and a two-hundred day moving average price translates $16.2132 for the stock.
The latest earnings results from NuScale Power Corporation (NYSE: SMR) was released for 2024-12-31. The net profit margin was -368.80% and return on equity was -38.37% for SMR. The company reported revenue of $34.22 million for the quarter, compared to $4.56 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 650.53 percent.
