In Friday’s Wall Street session, NuScale Power Corporation (NYSE:SMR) shares traded at $12.60, down -10.89% from the previous session.
SMR stock price is now -34.66% away from the 50-day moving average and -24.28% away from the 200-day moving average. The market capitalization of the company currently stands at $3.58B.
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, Reyes Jose N Jr, Chief Technology Officer sold 33,000 shares of the company’s stock on Apr 02 ’25. The stock was sold for $499,290 at an average price of $15.13. Upon completion of the transaction, the Chief Technology Officer now directly owns 516,207 shares in the company, valued at $6.5 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 02 ’25, Officer Reyes Jose N Jr bought 33,000 shares of the business’s stock. A total of $499,423 was incurred on buying the stock at an average price of $15.13. A total of 13.34% of the company’s stock is owned by insiders.
During the past 12 months, NuScale Power Corporation has had a low of $4.61 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 $19.2826 and a two-hundred day moving average price translates $16.63925 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.
