NuScale Power Corporation’s recent filing unveils that its Chief Technology Officer Reyes Jose N Jr unloaded Company’s shares for reported $0.5 million on Apr 02 ’25. In the deal valued at $15.13 per share,33,000 shares were sold. As a result of this transaction, Reyes Jose N Jr now holds 516,207 shares worth roughly $7.28 million.
Then, Reyes Jose N Jr bought 33,000 shares, generating $499,423 in total proceeds.
Before that, Hamady Robert Ramsey sold 31,496 shares. NuScale Power Corporation shares valued at $494,487 were divested by the Chief Financial Officer at a price of $15.70 per share. As a result of the transaction, Hamady Robert Ramsey now holds 29,985 shares, worth roughly $0.42 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 jump 11.90% to $14.10. Over the last five days, the stock has lost -0.42%. NuScale Power Corporation shares have fallen nearly -21.36% since the year began. Nevertheless, the stocks have risen 128.90% over the past one year. While a 52-week high of $32.30 was reached on 01/23/25, a 52-week low of $4.61 was recorded on 04/04/25. SMA at 50 days reached $19.01, while 200 days put it at $16.66.
Levels Of Support And Resistance For SMR Stock
The 24-hour chart illustrates a support level at 12.14, which if violated will result in even more drops to 10.18. On the upside, there is a resistance level at 15.50. A further resistance level may holdings at 16.90. The Relative Strength Index (RSI) on the 14-day chart is 40.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.88%. Stochastics %K at 19.63% indicates the stock is a buying.
How much short interest is there in NuScale Power Corporation?
A steep rise in short interest was recorded in NuScale Power Corporation stocks on 2025-03-14, growing by 2.58 million shares to a total of 22.36 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 19.78 million shares. There was a rise of 11.52%, which implies that there is a positive sentiment for the stock.
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.
