Nano Nuclear Energy Inc (NASDAQ: NNE) is 30.79% 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 $27.01 in the last trading session, with the day’s gains setting it 5.55%.
Currently trading at $32.56, the stock is 25.92% and 34.11% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.36 million and changing 20.55% at the moment leaves the stock 97.14% off its SMA200. NNE registered a loss of 9.26% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $24.0243 and a 200-day simple moving average (SMA200) of $16.41961.
The stock witnessed a 22.87% gain in the last 1 month and extending the period to 3 months gives it a 67.92%, and is 20.95% 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 12.17% over the week and 11.86% over the month.
Nano Nuclear Energy Inc (NNE) has around 5 employees, a market worth around $1.34B and $0.00M in sales. Distance from 52-week low is 901.85% and -13.20% from its 52-week high. The company has generated returns on investments over the last 12 months (-30.52%).
The EPS is expected to shrink by -118.18% this year.
Nano Nuclear Energy Inc (NNE) Top Institutional Holders
The shares outstanding are 30.72M, and float is at 20.04M with Short Float at 18.51%.
Nano Nuclear Energy Inc (NNE) Insider Activity
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