Nano Nuclear Energy Inc [NASDAQ: NNE] surged by $7.47 during the normal trading session on while it closed the day at $32.18.
Nano Nuclear Energy Inc stock has also gained 57.82% of its value over the past 7 days. However, NNE stock has inclined by 71.81% in the 3 months of the year. Over the past six months meanwhile, it has gained 66.74% and gained 29.26% year-on date.
The market cap for NNE stock reached $1.18 billion, with 30.72 million shares outstanding and 20.04 million shares in the current float. Compared to the average trading volume of 5.04M shares, NNE reached a trading volume of 9872656 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say 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 $50.00 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 3.49 The Price to Book ratio for the last quarter was 31.27, with the Price to Cash per share for the same quarter was set at 0.78.
NNE stock trade performance evaluation
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 57.82. With this latest performance, NNE shares gained by 24.97% in over the last four-week period, additionally plugging by 66.74% 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 61.36, with the RSI for the last a single of trading hit 66.01, and the three-weeks RSI is set at 59.03 for Nano Nuclear Energy Inc [NNE]. The present Moving Average for the last 50 days of trading for this stock 25.35, while it was recorded at 24.91 for the last single week of trading.
Nano Nuclear Energy Inc [NNE]: An insightful look at the core fundamentals
Nano Nuclear Energy Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 15.96 and a Current Ratio set at 15.96.
