The price of NuScale Power Corporation (NYSE:SMR) shares last traded on Wall Street fell -6.00% to $16.61.
SMR stock price is now 3.03% away from the 50-day moving average and -2.49% away from the 200-day moving average. The market capitalization of the company currently stands at $4.72B.
With the price target of $20, BTIG Research recently initiated with Buy rating for NuScale Power Corporation (NYSE: SMR). On September 26, 2024, Craig Hallum recently initiated its ‘Buy’ rating on the stock quoting a target price of $16, while ‘CLSA’ rates the stock as ‘Outperform’
In other news, Hopkins John Lawrence, Chief Executive Officer sold 34,675 shares of the company’s stock on May 05 ’25. The stock was sold for $589,475 at an average price of $17.00. Upon completion of the transaction, the Chief Executive Officer now directly owns 49,019 shares in the company, valued at $0.81 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 05 ’25, Interim VP, Accounting Engel Jacqueline F. sold 1,565 shares of the business’s stock. A total of $26,515 was realized by selling the stock at an average price of $16.94. This leaves the insider owning 1,218 shares of the company worth $20230.98. A total of 10.77% of the company’s stock is owned by insiders.
During the past 12 months, NuScale Power Corporation has had a low of $5.50 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 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.
