Better Times Ahead For Nano Nuclear Energy Inc (NASDAQ: NNE)?

Nano Nuclear Energy Inc (NNE) concluded trading on Thursday at a closing price of $27.57, with 2.75 million shares of worth about $75.91 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 21.51% during that period and on May 22, 2025 the price saw a gain of about 7.28%. Currently the company’s common shares owned by public are about 37.26M shares, out of which, 24.39M shares are available for trading.

Stock saw a price change of 5.75% in past 5 days and over the past one month there was a price change of 34.36%. Year-to-date (YTD), NNE shares are showing a performance of 10.75% which increased to 619.84% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.81 but also hit the highest price of $48.05 during that period. The average intraday trading volume for Nano Nuclear Energy Inc shares is 2.03 million. The stock is currently trading 10.66% above its 20-day simple moving average (SMA20), while that difference is up 9.02% for SMA50 and it goes to 20.54% higher than SMA200.

Nano Nuclear Energy Inc (NASDAQ: NNE) currently have 37.26M outstanding shares and institutions hold larger chunk of about 24.23% of that.

The stock has a current market capitalization of $1.03B and its 3Y-monthly beta is at 8.45. It has posted earnings per share of -$0.91 in the same period. It has Quick Ratio of 27.20 while making debt-to-equity ratio of 0.02. 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 4.63% while standing at 4.16% over the month.

Stock’s fiscal year EPS is expected to drop by -169.23% while it is estimated to decrease by -7.62% 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.

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