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 closing price of Nano Nuclear Energy Inc (NASDAQ: NNE) was $24.19 for the day, up 3.11% from the previous closing price of $23.46. In other words, the price has increased by $3.11 from its previous closing price. On the day, 1.61 million shares were traded. NNE stock price reached its highest trading level at $25.2584 during the session, while it also had its lowest trading level at $23.8.
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 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 896793472 and an Enterprise Value of 771778688.
Stock Price History:
The Beta on a monthly basis for NNE is 9.89, which has changed by 3.6608863 over the last 52 weeks, in comparison to a change of 0.09765589 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 $3.25. The 50-Day Moving Average of the stock is -6.44%, while the 200-Day Moving Average is calculated to be 9.48%.
Shares Statistics:
NNE traded an average of 2.78M shares per day over the past three months and 1432360 shares per day over the past ten days. 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 24.65% stake in the company. Shares short for NNE as of 1744675200 were 3640981 with a Short Ratio of 1.31, compared to 1741910400 on 4537669. Therefore, it implies a Short% of Shares Outstanding of 3640981 and a Short% of Float of 13.79.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
