NuScale Power (SMR) Projected to Post Quarterly Earnings on Thursday

NuScale Power (NYSE:SMR) is projected to release 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. Persons interested in participating in the company’s earnings conference call can do so using this link.

NuScale Power Stock Down 3.0 %

Shares of NYSE:SMR opened at $18.48 on Tuesday. The company has a market capitalization of $4.72 billion, a PE ratio of -19.45 and a beta of 1.51. The company has a current ratio of 2.24, a quick ratio of 2.24 and a debt-to-equity ratio of 0.26. NuScale Power has a twelve month low of $2.56 and a twelve month high of $32.30. The firm has a 50 day simple moving average of $21.89 and a 200-day simple moving average of $18.22.

Insider Transactions at NuScale Power

In related news, VP Jacqueline F. Engel sold 18,186 shares of the company’s stock in a transaction on Friday, November 29th. The shares were 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 $110,229. This represents a 82.71 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO John Lawrence Hopkins sold 664,568 shares of the company’s stock in a transaction 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 owns 34,675 shares of the company’s stock, valued at approximately $625,537. This trade represents a 95.04 % decrease in their position. The disclosure for this sale can be found here. 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.