Nano Nuclear Energy Inc [NASDAQ: NNE] price plunged by -5.66 percent to reach at -$1.75.
The one-year NNE stock forecast points to a potential upside of 38.57. The average equity rating for NNE stock is currently 1.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on 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 $47.50 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 3.07 The Price to Book ratio for the last quarter was 8.24, with the Price to Cash per share for the same quarter was set at 3.16.
NNE Stock Performance Analysis:
Nano Nuclear Energy Inc [NNE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -16.37. With this latest performance, NNE shares gained by 20.63% in over the last four-week period, additionally plugging by 9.00% over the last 6 months – not to mention a rise of 233.49% in the past year of trading.
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 53.63, with the RSI for the last a single of trading hit 51.25, and the three-weeks RSI is set at 53.66 for Nano Nuclear Energy Inc [NNE]. The present Moving Average for the last 50 days of trading for this stock 25.54, while it was recorded at 30.66 for the last single week of trading, and 23.71 for the last 200 days.
Insight into Nano Nuclear Energy Inc Fundamentals:
Nano Nuclear Energy Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 27.20 and a Current Ratio set at 27.20.
Nano Nuclear Energy Inc [NNE] Institutonal Ownership Details
The top three institutional holders of NNE stocks are: CITIZENS FINANCIAL GROUP INC/RI with ownership of 86000.0 shares, which is approximately 0.3132%. SCHONFELD STRATEGIC ADVISORS LLC, holding 39461.0 shares of the stock with an approximate value of $$0.92 million in NNE stocks shares; and SCHONFELD STRATEGIC ADVISORS LLC, currently with $$0.72 million in NNE stock with ownership which is approximately 0.1117%.
