NuScale Power (SMR) to Release Quarterly Earnings on Thursday

NuScale Power (NYSE:SMR) is expected to announce its earnings results after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of ($0.09) per share and revenue of $1.07 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

NuScale Power Trading Down 4.2 %

Shares of SMR opened at $21.11 on Thursday. The company has a market capitalization of $5.39 billion, a P/E ratio of -22.22 and a beta of 1.51. NuScale Power has a one year low of $2.47 and a one year high of $32.30. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.24 and a current ratio of 2.24. The stock has a 50-day moving average price of $22.01 and a 200 day moving average price of $17.92.

Insiders Place Their Bets

In other NuScale Power news, CEO John Lawrence Hopkins sold 664,568 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $18.04, for a total transaction of $11,988,806.72. Following the transaction, the chief executive officer now owns 34,675 shares of the company’s stock, valued at $625,537. This trade represents a 95.04 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Jacqueline F. Engel sold 18,186 shares of the stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $29.00, for a total value of $527,394.00. Following the transaction, the vice president now directly owns 3,801 shares in the company, valued at approximately $110,229. This represents a 82.71 % decrease in their position. The disclosure for this sale can be found here. 1.96% of the stock is currently owned by company insiders.

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.