NuScale Power Corporation (NYSE:SMR) price on Thursday, May 09,rose 0.17% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $5.86.
A look at the stock’s price movement, the close in the last trading session was $5.85. Turning to its 52-week performance, $11.21 and $1.81 were the 52-week high and 52-week low respectively. Overall, SMR moved 8.12% over the past month.
NuScale Power Corporation’s market cap currently stands at around $508.41 million.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SMR 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.
SMR’s current price about 6.47% and 7.48% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 54.37, while 7-day volatility ratio is 7.58% and 8.35% in the 30-day chart. Further, NuScale Power Corporation (SMR) has a beta value of 0.99, and an average true range (ATR) of 0.55.
If we refocus on NuScale Power Corporation (NYSE:SMR), historical trading data shows that trading volumes averaged 4.95 million over the past 3 months. The company’s latest data on shares outstanding shows there are 76.90 million shares.
The 22.04% of NuScale Power Corporation’s shares are in the hands of company insiders while institutional holders own 29.80% of the company’s shares. Current price change has pushed the stock 78.12% 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.
