NuScale Power (SMR) to Release Quarterly Earnings on Thursday

NuScale Power (NYSE:SMR - Get Free Report) is expected to be releasing its earnings data after the market closes on Thursday, February 27th. Analysts expect NuScale Power to post earnings of ($0.11) per share and revenue of $1.07 million for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.

NuScale Power Trading Down 8.3 %

NYSE SMR traded down $1.72 during trading hours on Friday, hitting $19.07. 10,742,018 shares of the company's stock were exchanged, compared to its average volume of 12,967,088. The business's 50 day moving average is $21.95 and its 200-day moving average is $18.01. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.24 and a current ratio of 2.24. NuScale Power has a 12-month low of $2.47 and a 12-month high of $32.30. The firm has a market capitalization of $4.87 billion, a P/E ratio of -20.07 and a beta of 1.51.

Insider Activity

In other news, VP Jacqueline F. Engel sold 18,186 shares of the stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $29.00, for a total value of $527,394.00. Following the completion of the sale, the vice president now owns 3,801 shares in the company, valued at approximately $110,229. This trade represents a 82.71 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO John Lawrence Hopkins sold 664,568 shares of the stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $18.04, for a total transaction of $11,988,806.72. Following the completion of the sale, the chief executive officer now directly owns 34,675 shares of the company's stock, valued at $625,537. This trade represents a 95.04 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.96% of the company's stock.

NuScale Power Company Profile

NuScale Power Corporation engages in the development and sale of modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. It offers NuScale Power Module (NPM), a water reactor that can generate 77 megawatts of electricity (MWe); and VOYGR power plant designs for three facility sizes that are capable of housing from one to four and six or twelve NPMs.