Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Nano Nuclear Energy Inc (NASDAQ: NNE) closed at $34.56 in the last session, down -3.08% from day before closing price of $35.66. In other words, the price has decreased by -$3.08 from its previous closing price. On the day, 4.5 million shares were traded. NNE stock price reached its highest trading level at $37.59 during the session, while it also had its lowest trading level at $33.55.
Ratios:
We take a closer look at NNE’s different ratios to gain a better understanding of the stock. 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 1433344896 and an Enterprise Value of 1180094336.
Stock Price History:
The Beta on a monthly basis for NNE is 7.82, which has changed by 0.22989321 over the last 52 weeks, in comparison to a change of 0.12748289 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 22.00%, while the 200-Day Moving Average is calculated to be 34.17%.
Shares Statistics:
According to the various share statistics, NNE traded on average about 3.10M shares per day over the past 3-months and 4918110 shares per day over the past 10 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 1749772800 were 7132788 with a Short Ratio of 2.30, compared to 1747267200 on 4826697. Therefore, it implies a Short% of Shares Outstanding of 7132788 and a Short% of Float of 23.150000000000002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
