In Friday’s Wall Street session, NuScale Power Corporation (NYSE:SMR) shares traded at $15.63, down -2.01% from the previous session.
SMR stock price is now -26.44% away from the 50-day moving average and -1.21% away from the 200-day moving average. The market capitalization of the company currently stands at $4.41B.
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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, Officer bought 31,496 shares of the company’s stock on Mar 07 ’25. The stock was bought for $494,487 at an average price of $15.70. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 04 ’25, Interim VP, Accounting Engel Jacqueline F. sold 24,618 shares of the business’s stock. A total of $357,453 was realized by selling the stock at an average price of $14.52. This leaves the insider owning 1,149 shares of the company worth $17958.87. A total of 13.28% 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 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. For the current quarter, analysts expect SMR to generate $1.46M in revenue.
