The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The closing price of Nano Nuclear Energy Inc (NASDAQ: NNE) was $30.12 for the day, down -1.60% from the previous closing price of $30.61. In other words, the price has decreased by -$1.60 from its previous closing price. On the day, 1.37 million shares were traded. NNE stock price reached its highest trading level at $30.19 during the session, while it also had its lowest trading level at $28.23.
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 1116635776 and an Enterprise Value of 991601792.
Stock Price History:
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 -2.26%, while the 200-Day Moving Average is calculated to be 44.37%.
Shares Statistics:
NNE traded an average of 5.09M shares per day over the past three months and 1913260 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 21.25% stake in the company. Shares short for NNE as of 1740700800 were 4516261 with a Short Ratio of 0.89, compared to 1738281600 on 4521551. Therefore, it implies a Short% of Shares Outstanding of 4516261 and a Short% of Float of 17.1.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
