Nano Nuclear Energy Inc [NASDAQ: NNE] surged by $4.48 during the normal trading session on while it closed the day at $37.97.
Nano Nuclear Energy Inc stock has also gained 10.86% of its value over the past 7 days. However, NNE stock has inclined by 21.47% in the 3 months of the year. Over the past six months meanwhile, it has gained 52.25% and gained 52.52% year-on date.
The market cap for NNE stock reached $1.57 billion, with 37.26 million shares outstanding and 26.97 million shares in the current float. Compared to the average trading volume of 2.83M shares, NNE reached a trading volume of 4262999 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 $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 3.31 The Price to Book ratio for the last quarter was 10.72, with the Price to Cash per share for the same quarter was set at 2.86.
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 10.86. With this latest performance, NNE shares gained by 41.47% in over the last four-week period, additionally plugging by 52.25% over the last 6 months – not to mention a rise of 305.23% in the past year of trading.
Nano Nuclear Energy Inc [NNE]: An insightful look at the core fundamentals
Return on Equity for this stock declined to -42.77%, with Return on Assets sitting at -42.77%.
Nano Nuclear Energy Inc [NNE]: Institutional Ownership
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%.
