Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
After finishing at $20.52 in the prior trading day, Nano Nuclear Energy Inc (NASDAQ: NNE) closed at $19.86, down -3.22%. In other words, the price has decreased by -$3.22 from its previous closing price. On the day, 1.31 million shares were traded. NNE stock price reached its highest trading level at $20.93 during the session, while it also had its lowest trading level at $19.49.
Ratios:
Our goal is to gain a better understanding of NNE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 51.04 and its Current Ratio is at 51.04. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, H.C. Wainwright on October 30, 2024, initiated with a Buy rating and assigned the stock a target price of $50.
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 736267840 and an Enterprise Value of 611267072.
Stock Price History:
Over the past 52 weeks, NNE has reached a high of $48.05, while it has fallen to a 52-week low of $3.25. The 50-Day Moving Average of the stock is -29.15%, while the 200-Day Moving Average is calculated to be -10.83%.
Shares Statistics:
The stock has traded on average 4.20M shares per day over the past 3-months and 1581090 shares per day over the last 10 days, according to various share statistics. A total of 36.74M shares are outstanding, with a floating share count of 24.11M. Insiders hold about 34.97% of the company’s shares, while institutions hold 21.48% stake in the company. Shares short for NNE as of 1743379200 were 4346248 with a Short Ratio of 1.03, compared to 1740700800 on 4516261. Therefore, it implies a Short% of Shares Outstanding of 4346248 and a Short% of Float of 16.459998000000002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
