Nano Nuclear Energy Inc [NASDAQ: NNE] loss -22.89% or -7.69 points to close at $25.91 with a heavy trading volume of 13436085 shares.
The daily chart for NNE points out that the company has recorded 371.95% gains over the past six months.
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If we look at the average trading volume of 4.46M shares, NNE reached to a volume of 13436085 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Nano Nuclear Energy Inc [NNE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NNE shares is $58.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NNE stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
H.C. Wainwright have made an estimate for Nano Nuclear Energy Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 30, 2024.
The Average True Range (ATR) for Nano Nuclear Energy Inc is set at 3.89 The Price to Book ratio for the last quarter was 57.79, with the Price to Cash per share for the same quarter was set at 0.42.
Trading performance analysis for NNE stock
Nano Nuclear Energy Inc [NNE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 14.19. With this latest performance, NNE shares gained by 35.09% in over the last four-week period, additionally plugging by 371.95% over the last 6 months.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NNE stock in for the last two-week period is set at 55.38, with the RSI for the last a single of trading hit 54.04, and the three-weeks RSI is set at 55.82 for Nano Nuclear Energy Inc [NNE]. The present Moving Average for the last 50 days of trading for this stock 19.29, while it was recorded at 27.43 for the last single week of trading.
Nano Nuclear Energy Inc [NNE]: A deeper dive into fundamental analysis
Nano Nuclear Energy Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 7.93 and a Current Ratio set at 7.93.
