SMR - NuScale Power Corporation Class A Looks to Continue to Trade Above its Annual-High Share Price Today
Shares of NuScale Power Corporation Class A (NYSE:SMR) traded at a new 52-week high today of $15.85. This new high was reached on approximately average trading volume as 629,000 shares traded hands, while the average 30-day volume is approximately 738,000 shares.
Based on a current price of $15.28, NuScale Power Corporation Class A is currently 16.3% above its average consensus analyst price target of $12.79.
Over the past year, NuScale Power Corporation Class A has traded in a range of $8.87 to $15.85 and is now at $15.28, 72% above that low.
NuScale Power Corp is engaged in the development of a new modular light water reactor nuclear power plant to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications.
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