NuScale Power Corporation (NYSE:SMR) price on Thursday, March 20, fall -1.78% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $18.20.
A look at the stock’s price movement, the close in the last trading session was $18.53, moving within a range at $17.81 and $19.09. The beta value (5-Year monthly) was 1.591. Turning to its 52-week performance, $32.30 and $3.79 were the 52-week high and 52-week low respectively. Overall, SMR moved -13.87% over the past month.
NuScale Power Corporation’s market cap currently stands at around $5.14 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-02.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SMR is a Hold. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend SMR as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
SMR’s current price about 7.37% and -11.86% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 49.43, while 7-day volatility ratio is 8.56% and 11.24% in the 30-day chart. Further, NuScale Power Corporation (SMR) has a beta value of 1.52, and an average true range (ATR) of 1.98. Analysts have given the company’s stock an average 52-week price target of $21, forecast between a low of $21 and high of $21. Looking at the price targets, the low is -15.38% off current price level while to achieve the yearly target high, price needs to move -15.38%. Nonetheless, investors will most likely welcome a -15.38% jump to $21 which is the analysts’ median price.
If we refocus on NuScale Power Corporation (NYSE:SMR), historical trading data shows that trading volumes averaged 8.21 over the past 10 days and 10.93 million over the past 3 months. The company’s latest data on shares outstanding shows there are 122.84 million shares.
The 13.35% of NuScale Power Corporation’s shares are in the hands of company insiders while institutional holders own 45.33% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 22.42 million on 2025-02-28, giving us a short ratio of 1.83. The data shows that as of 2025-02-28 short interest in NuScale Power Corporation (SMR) stood at 1816.0 of shares outstanding, with shares short rising to 21.61 million registered in 2025-01-31. Current price change has pushed the stock 1.51% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SMR stock continues to rise going into the next quarter.
