Nano Nuclear Energy Inc (NNE) concluded trading on Wednesday at a closing price of $29.64, with 5.01 million shares of worth about $148.38 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 190.59% during that period and on Wednesday the price saw a gain of about 16.24%. Currently the company’s common shares owned by public are about 36.74M shares, out of which, 21.35M shares are available for trading.
Stock saw a price change of -5.84% in past 5 days and over the past one month there was a price change of -10.88%. Over the period of past 52 weeks, stock dropped to lowest price of $3.25 but also hit the highest price of $48.05 during that period. The average intraday trading volume for Nano Nuclear Energy Inc shares is 5.41 million. The stock is currently trading -11.13% below its 20-day simple moving average (SMA20), while that difference is down -1.48% for SMA50 and it goes to 54.40% higher than SMA200.
Nano Nuclear Energy Inc (NASDAQ: NNE) currently have 36.74M outstanding shares and institutions hold larger chunk of about 23.76% of that.
The stock has a current market capitalization of $1.10B. It has posted earnings per share of -$0.40 in the same period. It has Quick Ratio of 51.04 while making debt-to-equity ratio of 0.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NNE, volatility over the week remained 10.54% while standing at 12.26% over the month.
Stock’s fiscal year EPS is expected to drop by -52.56% while it is estimated to decrease by -29.41% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by H.C. Wainwright on October 30, 2024 offering a Buy rating for the stock and assigned a target price of $50 to it.
