Nano Nuclear Energy Inc (NASDAQ: NNE) is 11.59% higher on its value in year-to-date trading and has touched a low of $3.25 and a high of $48.05 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 $27.53 in the last trading session, with the day’s gains setting it 0.25%.
Currently trading at $27.78, the stock is -4.31% and -8.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.91 million and changing 0.91% at the moment leaves the stock 36.37% off its SMA200. NNE registered a gain of 275.41% in past 6-months.
The stock witnessed a -20.88% loss in the last 1 month and extending the period to 3 months gives it a 4.50%, and is -3.44% down 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 9.34% over the week and 10.86% over the month.
Nano Nuclear Energy Inc (NNE) has around 5 employees, a market worth around $1.03B and $0.00M in sales. Distance from 52-week low is 754.77% and -42.19% from its 52-week high. The company has generated returns on investments over the last 12 months (-9.08%).
with sales reaching $420k over the same period.The EPS is expected to shrink by -52.56% this year, but quarterly earnings will post 0.00% year-over-year.
The shares outstanding are 36.74M, and float is at 24.00M with Short Float at 18.82%.
The top institutional shareholder in the company is CITIZENS FINANCIAL GROUP INC/RI with over 86000.0 shares valued at $2.02 million. The investor’s holdings represent 0.3132 of the NNE Shares outstanding. As of 2024-06-30, the second largest holder is SCHONFELD STRATEGIC ADVISORS LLC with 39461.0 shares valued at $0.92 million to account for 0.1437 of the shares outstanding. The other top investors are SASSICAIA CAPITAL ADVISERS LLC which holds 30686.0 shares representing 0.1117 and valued at over $0.72 million, while STATE OF TENNESSEE, TREASURY DEPARTMENT holds 0.0871 of the shares totaling 23914.0 with a market value of $0.56 million.
