Currently, there are 37.26M common shares owned by the public and among those 24.39M shares have been available to trade.
The company’s stock has a 5-day price change of 29.99% and 36.82% over the past three months. NNE shares are trading 40.15% year to date (YTD), with the 12-month market performance up to 787.79% higher. It has a 12-month low price of $3.95 and touched a high of $48.05 over the same period. NNE has an average intraday trading volume of 2.33 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 33.61%, 36.65%, and 50.77% respectively.
Institutional ownership of Nano Nuclear Energy Inc (NASDAQ: NNE) shares accounts for 24.23% of the company’s 37.26M shares outstanding.
It has a market capitalization of $1.31B and a beta (3y monthly) value of 10.23. The earnings-per-share (ttm) stands at -$0.91. Price movements for the stock have been influenced by the stock’s volatility, which stands at 13.26% over the week and 7.09% over the month.
Analysts forecast that Nano Nuclear Energy Inc (NNE) will achieve an EPS of 0 for the current quarter, 0 for the next quarter and 0 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0 while analysts give the company a high EPS estimate of 0. Earnings per share for the fiscal year are expected to decrease by -70.51%, and -15.79% over the next financial year.
Looking at the support for the NNE, a number of firms have released research notes about the stock. H.C. Wainwright stated their Buy rating for the stock in a research note on October 30, 2024, with the firm’s price target at $50.
