NexGen Energy Ltd (NYSE:NXE) price on Thursday, July 24, rose 4.80% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $7.43.
A look at the stock’s price movement, the close in the last trading session was $7.09, moving within a range at $7.035 and $7.445. The beta value (5-Year monthly) was 1.833. Turning to its 52-week performance, $8.96 and $3.91 were the 52-week high and 52-week low respectively. Overall, NXE moved 9.75% over the past month.
NexGen Energy Ltd’s market cap currently stands at around $4.23 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-May-12.
Turning to the stock’s technical picture we see that short term indicators suggest on average that NXE is a 100% Buy. On the other hand, the stock is on average a 100% Buy 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 NXE 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.
NXE’s current price about 8.89% and 14.77% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 70.55, while 7-day volatility ratio is 4.51% and 4.18% in the 30-day chart. Further, NexGen Energy Ltd (NXE) has a beta value of 1.46.
If we refocus on NexGen Energy Ltd (NYSE:NXE), historical trading data shows that trading volumes averaged 8.72 over the past 10 days and 9.37 million over the past 3 months. The company’s latest data on shares outstanding shows there are 569.19 million shares.
The 8.77% of NexGen Energy Ltd’s shares are in the hands of company insiders while institutional holders own 54.46% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 88.53 million on 2025-06-30, giving us a short ratio of 8.7. Current price change has pushed the stock 12.24% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the NXE stock continues to rise going into the next quarter.
