Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of Nano Nuclear Energy Inc (NASDAQ: NNE) was $39.5 for the day, up 10.99% from the previous closing price of $35.59. In other words, the price has increased by $10.99% from its previous closing price. On the day, 5.07 million shares were traded. NNE stock price reached its highest trading level at $39.68 during the session, while it also had its lowest trading level at $36.55.
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 27.20 and its Current Ratio is at 27.20. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
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 1638226944 and an Enterprise Value of 1365350656.
Stock Price History:
The Beta on a monthly basis for NNE is 8.31, which has changed by 0.64446294 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, NNE has reached a high of $48.05, while it has fallen to a 52-week low of $6.30. The 50-Day Moving Average of the stock is 43.19%, while the 200-Day Moving Average is calculated to be 55.89%.
Shares Statistics:
NNE traded an average of 3.00M shares per day over the past three months and 5092680 shares per day over the past ten days. A total of 37.26M shares are outstanding, with a floating share count of 26.97M. Insiders hold about 34.97% of the company’s shares, while institutions hold 22.06% stake in the company. Shares short for NNE as of 1748563200 were 6549058 with a Short Ratio of 2.18, compared to 1745971200 on 4306393. Therefore, it implies a Short% of Shares Outstanding of 6549058 and a Short% of Float of 21.32.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
