What To Expect As Nano Nuclear Energy Inc (NASDAQ: NNE) Delivers An 634.92% Gain In 6 Months

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During the last session, Nano Nuclear Energy Inc (NASDAQ:NNE)’s traded shares were 10.14 million. At the end of the trading day, the stock’s price was $29.25, reflecting an intraday gain of 26.38% or $6.1. The 52-week high for the NNE share is $37.51, that puts it down -28.24 from that peak though still a striking 88.89% gain since the share price plummeted to a 52-week low of $3.25. The company’s market capitalization is $965.25M, and the average intraday trading volume over the past 10 days was 4.61 million shares, and the average trade volume was 4.19 million shares over the past three months.

Nano Nuclear Energy Inc (NNE) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. NNE has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.

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Nano Nuclear Energy Inc (NASDAQ:NNE) trade information

Nano Nuclear Energy Inc (NNE) registered a 26.38% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 26.38% in intraday trading to $29.25, hitting a weekly high. The stock’s 5-day price performance is 29.20%, and it has moved by 47.21% in 30 days. The short interest in Nano Nuclear Energy Inc (NASDAQ:NNE) is 2.82 million shares and it means that shorts have 0.49 day(s) to cover.

The consensus price target of analysts on Wall Street is $50, which implies an increase of 41.5% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $50 and $50 respectively. As a result, NNE is trading at a discount of -70.94% off the target high and -70.94% off the low.

Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 300k by the end of current fiscal year.

NNE Dividends

Nano Nuclear Energy Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.