Shares of Nuscale Power Corp (NYSE: SMR), a company developing advanced small modular reactor (SMR) nuclear technology, are trading in positive territory during the afternoon session on May 28th, as investors watch developments in the energy sector.
As of 1:52 PM GMT-4, SMR stock is priced at 0.41, or 1.15%, for the day. The upward trend indicates positive buying interest in the nuclear energy firm.
Nuscale Power opened the trading day at $34.58 and has experienced some fluctuation, reaching an intraday high of $36.85 – which also matches its 52-week high – and a low of $34.55. The current price is comfortably above its previous close of $35.52.
The company currently has a market capitalization of 1.02KCr. Information regarding Nuscale Power’s P/E ratio and dividend yield is listed as not applicable or unavailable at this time. Over the past year, SMR stock has traded between a 52-week low of $6.61 and today’s 52-week high of $36.85, highlighting significant investor interest and price appreciation.
The intraday chart shows the stock experienced some volatility earlier in the session, dipping around midday before staging a notable recovery in the afternoon to trade near its daily and yearly highs. As a key player in the development of next-generation nuclear power solutions, Nuscale’s performance is closely monitored by those interested in the future of clean and reliable energy generation. Today’s upward movement suggests continued positive sentiment surrounding the company’s prospects.
