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Should You Sell Nuscale Power Corp (SMR) Stock Wednesday Morning?

Wednesday, August 09, 2023 08:08 AM | InvestorsObserver Analysts https://www.investorsobserver.com/news/stock-update/should-you-sell-nuscale-power-corp-smr-stock-wednesday-morning

Nuscale Power Corp (SMR) is up Wednesday morning, with the stock increasing 1.45% in pre-market trading to 7.01. SMR’s short-term technical score of 5 indicates that the stock has traded less bullishly over the last month than 95% of stocks on the market.

In the Specialty Industrial Machinery industry, which ranks 18 out of 146 industries, Nuscale Power Corp ranks higher than 1% of stocks. Nuscale Power Corp has fallen 4.82% over the past month, closing at $7.63 on July 12. During this period of time, the stock fell as low as $6.85 and as high as $8.05. SMR has an average analyst recommendation of Buy. The company has an average price target of $15.63.

Nuscale Power Corp has a Long-Term Technical rank of 2. This means that trading over the last 200 trading days has placed the company in the lower half of stocks with 98% of the market scoring higher. In the Specialty Industrial Machinery industry which is number 51 by this metric, SMR ranks better than 51% of stocks.

August 11, 2023 - Posted by Christina Macpherson | Uncategorized