Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, Nano Nuclear Energy Inc (NASDAQ: NNE) closed at $33.61 up 2.00% from its previous closing price of $32.95. In other words, the price has increased by $2.00 from its previous closing price. On the day, 1.52 million shares were traded. NNE stock price reached its highest trading level at $33.62 during the session, while it also had its lowest trading level at $32.58.
Ratios:
For a deeper understanding of Nano Nuclear Energy Inc’s stock, let’s take a closer look at its various ratios. 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 1393944576 and an Enterprise Value of 1177469184.
Stock Price History:
The Beta on a monthly basis for NNE is 7.44, which has changed by 0.12785232 over the last 52 weeks, in comparison to a change of 0.12677538 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 14.18%, while the 200-Day Moving Average is calculated to be 28.31%.
Shares Statistics:
For the past three months, NNE has traded an average of 3.22M shares per day and 3941110 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 22.24% stake in the company. Shares short for NNE as of 1749772800 were 7132788 with a Short Ratio of 2.21, 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