Nano Nuclear Energy Inc (NASDAQ: NNE) is 453.95% higher on its value in year-to-date trading and has touched a low of $3.25 and a high of $37.51 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NNE stock was last observed hovering at around $27.24 in the last trading session, with the day’s gains setting it 1.34%.
Currently trading at $28.58, the stock is 10.84% and 21.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.43 million and changing 4.92% at the moment leaves the stock 77.95% off its SMA200. NNE registered a gain of 19.69% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $23.224 and a 200-day simple moving average (SMA200) of $15.981257.
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The stock witnessed a -14.43% loss in the last 1 month and extending the period to 3 months gives it a 127.45%, and is 11.65% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 14.51% over the week and 12.27% over the month.
Distance from 52-week low is 779.38% and -23.81% from its 52-week high.
The EPS is expected to shrink by -118.18% this year
The shares outstanding are 29.00M, and float is at 20.04M with Short Float at 18.51%.
