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The closing price of Nano Nuclear Energy Inc (NASDAQ: NNE) was $27.01 for the day, up 12.87% from the previous closing price of $23.93. In other words, the price has increased by $12.87 from its previous closing price. On the day, 4.3 million shares were traded. NNE stock price reached its highest trading level at $27.38 during the session, while it also had its lowest trading level at $23.62.
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 15.96 and its Current Ratio is at 15.96. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.05.
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 988479552 and an Enterprise Value of 799217920.
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 12.43%, while the 200-Day Moving Average is calculated to be 64.50%.
Shares Statistics:
NNE traded an average of 4.99M shares per day over the past three months and 3423280 shares per day over the past ten days. A total of 30.72M shares are outstanding, with a floating share count of 20.04M. Insiders hold about 39.28% of the company’s shares, while institutions hold 4.80% stake in the company. Shares short for NNE as of 1734048000 were 3708917 with a Short Ratio of 0.74, compared to 1731628800 on 1823382. Therefore, it implies a Short% of Shares Outstanding of 3708917 and a Short% of Float of 14.92.
