In the last trading session, 4.64 million Nano Nuclear Energy Inc (NASDAQ:NNE) shares changed hands as the company’s beta touched 0. With the company’s per share price at $27.24 changed hands at $2.05 or 8.14% during last session, the market valuation stood at $898.92M. NNE’s last price was a discount, traded about -37.7% 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 88.07% up since then. When we look at Nano Nuclear Energy Inc’s average trading volume, we note the 10-day average is 3.91 million shares, with the 3-month average coming to 5.20 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 was in green as seen at the end of in last trading. With action 3.50%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 424.86%, with the 5-day performance at 3.50% in the green. However, in the 30-day time frame, Nano Nuclear Energy Inc (NASDAQ:NNE) is -6.87% down. Looking at the short shares, we see there were 2.95 million shares sold at short interest cover period of 0.56 days.
The consensus price target for the stock as assigned by Wall Street analysts is 50, meaning bulls need an upside of 45.52% from its current 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 -83.55% plunge from its current level, while the stock would need to soar -83.55% for it to hit the projected low.
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%.
NNE Dividends
Nano Nuclear Energy Inc is expected to release its next quarterly earnings report in January.
