TLDR
- NuScale Power (SMR) stock jumped 17%, showing strong investor interest in the nuclear technology company
- Fluor Corp sold 2,542,093 shares worth $96 million, representing major insider selling activity
- RBC Capital initiated coverage with a Sector Perform rating, citing nuclear energy potential but timeline concerns
- The company shows 81.9% revenue growth over three years but struggles with profitability at -233.9% operating margin
- Stock has gained 104% year-to-date despite volatile trading and mixed analyst sentiment
NuScale Power stock climbed 17% on September 19, reaching $45.88 per share. The nuclear technology company has attracted investor attention with its small modular reactor technology.
The stock price increase came alongside major insider selling activity. Director Fluor Corp sold 2,542,093 shares worth $96 million on September 18.
NuScale operates in the nuclear power sector with its proprietary SMR technology. The company develops VOYGR Plants and E2 Centers for carbon-free energy production.
Financial Performance Shows Mixed Results
The company reported revenue of $56.13 million with impressive growth of 81.9% over three years. However, profitability remains a challenge for the nuclear technology firm.
Operating margin sits at -233.9% while net margin reaches -221.07%. These figures reflect the operational difficulties facing the company.
The balance sheet shows strength with a current ratio of 4.22. NuScale maintains zero debt-to-equity ratio, indicating solid liquidity position.
Return on equity stands at -26.83%, showing struggles in generating shareholder returns. The company’s market capitalization reached $5.57 billion.
Insider selling activity totaled 48,847 shares over the past three months. The Beneish M-Score of 0.58 suggests potential financial manipulation concerns.
Market Dynamics and Analyst Views
RBC Capital initiated coverage with a Sector Perform rating this week. The investment bank highlighted nuclear energy’s potential due to clean power demand.
Analysts expressed concerns about NuScale’s timelines and partnership model scalability. The company’s deal with Tennessee Valley Authority remains a key focus point.
Stock trading shows high volatility with a beta of 2.61. The P/S ratio of 85.87 indicates premium valuation compared to sales.
Institutional ownership reaches 65.84% while insider ownership remains low at 0.58%. Analyst targets set a price of $39.44, below current trading levels.
The stock experienced notable fluctuations in recent trading sessions. Shares initially rose 3.15% before dropping 9.5% within 24 hours.
Technical indicators show RSI of 52.29, suggesting neither overbought nor oversold conditions. Average trading volume stands at 13.3 million shares.
Year-to-date performance shows gains of 104.01% despite recent volatility. Current market capitalization reached $10.29 billion according to latest data.
