Analytical Lens: Exploring Nano Nuclear Energy Inc. (NNE)’s Financial Story Through Ratios

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The closing price of Nano Nuclear Energy Inc. (NASDAQ: NNE) was $13.02 for the day, up 22.95% from the previous closing price of $10.59. In other words, the price has increased by $22.95 from its previous closing price. On the day, 6.46 million shares were traded. NNE stock price reached its highest trading level at $13.31 during the session, while it also had its lowest trading level at $11.08.

Ratios:

Our analysis of NNE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 7.93 and its Current Ratio is at 7.93. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.12.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NNE now has a Market Capitalization of 392262656 and an Enterprise Value of 380443424.

Stock Price History:

Over the past 52 weeks, NNE has reached a high of $37.51, while it has fallen to a 52-week low of $3.25. The 50-Day Moving Average of the stock is 6.04%, while the 200-Day Moving Average is calculated to be 7.75%.

Shares Statistics:

NNE traded an average of 2.59M shares per day over the past three months and 3433830 shares per day over the past ten days. A total of 28.57M shares are outstanding, with a floating share count of 17.16M. Insiders hold about 43.03% of the company’s shares, while institutions hold 0.82% stake in the company. Shares short for NNE as of 1724976000 were 764831 with a Short Ratio of 0.30, compared to 1722384000 on 914778. Therefore, it implies a Short% of Shares Outstanding of 764831 and a Short% of Float of 3.9899999999999998.

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