With 12.83 million shares changed hands, the volume of the stock remained heavier than its average volume of 8.73 million shares. The 52-week range on NXE shows that it touched its highest point at $8.96 and its lowest point at $4.44 during that stretch. It currently has a 1-year price target of $9.66. Beta for the stock currently stands at 2.02.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NXE was down-trending over the past week, with a drop of -0.84%, but this was down by -27.41% over a month. Three-month performance dropped to -44.04% while six-month performance fell -10.73%. The stock lost -41.19% in the past year, while it has lost -28.18% so far this year. A look at the trailing 12-month EPS for NXE yields -0.13 with Next year EPS estimates of -0.12. For the next quarter, that number is -0.02. This implies an EPS growth rate of -6.83% for this year and -21.10% for next year. EPS is expected to decline by -18.81% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -25.34%.
Float and Shares Shorts:
At present, 569.09 million NXE shares are outstanding with a float of 521.52 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NXE since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.06123327 being high and -$0.09184991 being low. For NXE, this leads to a yearly average estimate of -$0.07654159. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
