In a filing, NuScale Power Corporation revealed its Officer Hamady Robert Ramsey acquired Company’s shares for reported $0.49 million on Mar 07 ’25. In the deal valued at $15.70 per share,31,496 shares were bought.
Then, Engel Jacqueline F. sold 24,618 shares, generating $357,453 in total proceeds. Upon selling the shares at $14.52, the Interim VP, Accounting now owns 1,149 shares.
Before that, Scott Clayton sold 14,535 shares. NuScale Power Corporation shares valued at $239,043 were divested by the Chief Commercial Officer at a price of $16.45 per share. As a result of the transaction, Scott Clayton now holds 74,109 shares, worth roughly $1.09 million.
Craig Hallum initiated its NuScale Power Corporation [SMR] rating to a Buy in a research note published on September 26, 2024; the price target was $16. A number of analysts have revised their coverage, including CLSA’s analysts, who began to cover the stock in mid September with a ‘”an Outperform”‘ rating. Wells Fargo also remained covering SMR and has decreased its forecast on March 19, 2024 with a “an Underweight” recommendation from previously “an Equal weight” rating. Canaccord Genuity started covering the stock on January 29, 2024. It rated SMR as “a Buy”.
Price Performance Review of SMR
On Monday, NuScale Power Corporation [NYSE:SMR] saw its stock fall -6.14% to $14.67. Over the last five days, the stock has lost -5.05%. NuScale Power Corporation shares have fallen nearly -18.18% since the year began. Nevertheless, the stocks have risen 247.63% over the past one year. While a 52-week high of $32.30 was reached on 01/23/25, a 52-week low of $3.79 was recorded on 03/07/25. SMA at 50 days reached $21.15, while 200 days put it at $15.86.
Levels Of Support And Resistance For SMR Stock
The 24-hour chart illustrates a support level at 14.22, which if violated will result in even more drops to 13.77. On the upside, there is a resistance level at 15.44. A further resistance level may holdings at 16.20. The Relative Strength Index (RSI) on the 14-day chart is 33.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.56%. Stochastics %K at 10.29% indicates the stock is a buying.
The most recent change occurred on October 13, 2023 when B. Riley Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $12 price target.
