Nano Nuclear Energy Inc (NASDAQ: NNE) is -2.83% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NNE stock was last observed hovering at around $23.46 in the last trading session, with the day’s gains setting it 0.73%.
Currently trading at $24.19, the stock is 8.57% and -6.44% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.61 million and changing 3.11% at the moment leaves the stock 9.48% off its SMA200. NNE registered a gain of 15.74% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $25.8548 and a 200-day simple moving average (SMA200) of $22.095.
The stock witnessed a -1.27% loss in the last 1 month and extending the period to 3 months gives it a -37.36%, and is 5.54% 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 5.92% over the week and 9.41% over the month.
Nano Nuclear Energy Inc (NNE) has around 5 employees, a market worth around $896.72M and $0.00M in sales. Distance from 52-week low is 644.31% and -49.66% from its 52-week high. The company has generated returns on investments over the last 12 months (-9.08%).
The EPS is expected to shrink by -48.72% this year, but quarterly earnings will post 0.00% year-over-year.
Nano Nuclear Energy Inc (NNE) Top Institutional Holders
178.0 institutions hold shares in Nano Nuclear Energy Inc (NNE), with institutional investors hold 37.68% of the company’s shares. The shares outstanding are 36.74M, and float is at 24.11M with Short Float at 15.10%. Institutions hold 24.50% of the Float.
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 MILLENNIUM MANAGEMENT LLC holds 0.0915 of the shares totaling 25124.0 with a market value of $0.59 million.
Nano Nuclear Energy Inc (NNE) Insider Activity
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