Financial Metrics Unveiled: Nano Nuclear Energy Inc (NNE)’s Key Ratios in the Spotlight

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The price of Nano Nuclear Energy Inc (NASDAQ: NNE) closed at $27.61 in the last session, up 3.14% from day before closing price of $26.77. In other words, the price has increased by $3.14 from its previous closing price. On the day, 4.5 million shares were traded. NNE stock price reached its highest trading level at $29.64 during the session, while it also had its lowest trading level at $27.05.

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 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.

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 989017856 and an Enterprise Value of 820006016.

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 36.53%, while the 200-Day Moving Average is calculated to be 84.94%.

Shares Statistics:

According to the various share statistics, NNE traded on average about 4.87M shares per day over the past 3-months and 6232030 shares per day over the past 10 days. A total of 28.57M shares are outstanding, with a floating share count of 20.04M. Insiders hold about 39.28% of the company’s shares, while institutions hold 4.68% stake in the company. Shares short for NNE as of 1731628800 were 1823382 with a Short Ratio of 0.37, compared to 1728950400 on 1894930. Therefore, it implies a Short% of Shares Outstanding of 1823382 and a Short% of Float of 8.1599995.

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.

Revenue Estimates

For the next quarter, 1 analysts are estimating revenue of $300k. There is a high estimate of $300k for the next quarter, whereas the lowest estimate is $300k.

Based on 2 analysts’ estimates, the company’s revenue will be $3.08M in the next fiscal year. The high estimate is $3.8M and the low estimate is $2.36M.

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