In the latest trading session, 1.7 million Nano Nuclear Energy Inc (NASDAQ:NNE) shares changed hands as the company’s beta touched 0. With the company’s most recent per share price at $28.03 changing hands around $0.42 or 1.53% at last look, the market valuation stands at $925.04M. NNE’s current price is a discount, trading about -33.82% off its 52-week high of $37.51. The share price had its 52-week low at $3.25, which suggests the last value was 88.41% up since then. When we look at Nano Nuclear Energy Inc’s average trading volume, we note the 10-day average is 6.23 million shares, with the 3-month average coming to 4.87 million.
Analysts gave the Nano Nuclear Energy Inc (NNE) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended NNE as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Nano Nuclear Energy Inc’s EPS for the current quarter is expected to be 0.
Nano Nuclear Energy Inc (NASDAQ:NNE) trade information
Instantly NNE is in green as seen in intraday trades today. With action -16.57%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 440.11%, with the 5-day performance at -16.57% in the red. However, in the 30-day time frame, Nano Nuclear Energy Inc (NASDAQ:NNE) is 43.31% up. Looking at the short shares, we see there were 1.82 million shares sold at short interest cover period of 0.3 days.
The consensus price target for the stock as assigned by Wall Street analysts is 50, meaning bulls need an upside of 43.94% from its recent market value. According to analyst projections, NNE’s forecast low is 50 with 50 as the target high. To hit the forecast high, the stock’s price needs a -78.38% plunge from its current level, while the stock would need to soar -78.38% for it to hit the projected low.
Nano Nuclear Energy Inc (NNE) estimates and forecasts
1 analysts are of the opinion that Nano Nuclear Energy Inc’s revenue for the current quarter will be 300k. The 2024 estimates are for Nano Nuclear Energy Inc earnings to decrease by -118.18%.
