NexGen Energy Ltd. (NYSE:NXE - Get Free Report) was the target of unusually large options trading activity on Friday. Stock traders purchased 20,784 call options on the company. This is an increase of approximately 162% compared to the average daily volume of 7,925 call options.
NexGen Energy Stock Performance
Shares of NXE stock traded down $0.13 on Friday, hitting $6.79. 5,722,424 shares of the stock traded hands, compared to its average volume of 7,810,457. NexGen Energy has a twelve month low of $4.95 and a twelve month high of $8.96. The firm's 50-day moving average price is $7.56 and its two-hundred day moving average price is $6.89. The stock has a market capitalization of $3.84 billion, a PE ratio of 45.27 and a beta of 1.96.
NexGen Energy (NYSE:NXE - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.01). During the same period in the previous year, the business earned ($0.04) earnings per share. On average, equities research analysts anticipate that NexGen Energy will post -0.05 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in NXE. Larson Financial Group LLC increased its holdings in NexGen Energy by 122.7% during the 3rd quarter. Larson Financial Group LLC now owns 10,575 shares of the company's stock worth $69,000 after purchasing an additional 5,827 shares during the period. DekaBank Deutsche Girozentrale purchased a new stake in shares of NexGen Energy during the third quarter worth approximately $76,000. SevenBridge Financial Group LLC purchased a new stake in shares of NexGen Energy during the third quarter worth approximately $87,000. New Harbor Financial Group LLC raised its holdings in NexGen Energy by 20.0% in the third quarter. New Harbor Financial Group LLC now owns 15,000 shares of the company's stock valued at $98,000 after acquiring an additional 2,500 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in NexGen Energy during the 3rd quarter worth approximately $98,000. Institutional investors and hedge funds own 42.43% of the company's stock.
NexGen Energy Company Profile
(
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NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. It holds a 100% interest in the Rook I project that consists of 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.
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